Submitted by christian on Tue, 02/16/2016 - 13:50
China’s dumping undermines free and fair trade. A company is ‘dumping’ if it is exporting a product to the EU at prices lower than the normal value of the product (the domestic prices of the product or the cost of production) on its own domestic market. The purpose of dumping is usually to increase market share in a foreign market or to drive out competition. Chinese enterprises dump more products into Europe’s open market than any other country in the world. Indeed, 75% of all the EU's anti-dumping measures in force involve China.
