The Ministry of Commerce announced Friday that its anti-dumping investigation into canola or rapeseed imported from Canada will be extended to March 9, 2026 due to the complexity of the case.
The investigation, launched on Sept 9, 2024, examined whether the imported product, used mainly for producing rapeseed oil and meal, was being dumped and the extent of damage to China's domestic industry.
The ministry announced on Aug 12 preliminary anti-dumping measures on Canadian rapeseed that starting from Aug 14, importers of the product should provide deposits to Chinese customs authorities based on a deposit rate of 75.8 percent.
The ministry said in a statement that the imported product was being sold below fair value in the Chinese market, inflicting material injury on the domestic industry.
There was a causal link between the dumping and the material injury, it said.
The move was made in accordance with Chinese law and in compliance with the rules of the World Trade Organization (WTO), the ministry said.
The ministry will continue its investigation before issuing a final determination.
China extends anti-dumping investigation into Canadian canola imports
The multilateral system is "under attack" amid global turmoil, President of the 80th UN General Assembly Annalena Baerbock warned in her remarks on Wednesday.
In her briefing on the priorities for the resumed 80th Session of the General Assembly, the UNGA president noted that the current multilateral system does not collapse all in a sudden, but "crumbles piece by piece" in divisions, compromises, and lack of political commitment.
The president called all the UN member states to defend the UN Charter and international law and promote cross-regional cooperation.
She also urged to push forward the work of the UNGA on certain critical issues with a strong majority, rather than an absolute consensus among all member states. Such act is not a failure of multilateralism, but "an affirmation of it," she said.
The foundational principles of the institution should not be eroded by appeasement, she said, calling the member states to show courage, leadership, and responsibility at the UN's "critical make-or-break moment."
"The UN needs you. Your support, your leadership, your principle, stand, your cross-regional cooperation, if we are to preserve and modernize this institution, if we are to make it, rather than break it," she said.
UNGA President warns global multilateral system "under attack"
UNGA President warns global multilateral system "under attack"
