Brazil launches China anti-dumping probes after imports soar

Brazil’s industry ministry has launched a number of investigations into the alleged dumping of industrial products by China as Latin America’s largest economy reels from a wave of cheap imported goods, Report informs referring to the Financial Times.

At the request of industry bodies, the ministry has in the past six months opened at least half a dozen probes on products ranging from metal sheets and pre-painted steel to chemicals and tyres.

China’s exports to and imports from Brazil both rose by more than a third in the first two months of the year, according to Chinese customs data.