Beijing launched an investigation into brandy imported from the European Union in January, months after the EU launched an investigation into Chinese subsidies for electric cars.
The Ministry of Commerce said the probe followed a complaint filed in November by the China Liquor Association on behalf of the domestic brandy industry.
Beijing's investigation found that imported brandy from the European Union was dumped in China and "the domestic brandy industry was threatened with significant damage," the Commerce Ministry said.
"But no provisional anti-dumping measures will be adopted in this case for the time being," the ministry added, not ruling out future duties.
Shares in French spirits producers Remy Cointreau and Pernod Ricard rose on 29 August after the announcement.
According to a report by research group Daxue Consulting, China imported more brandy than any other alcohol in 2022, with most of it coming from France.
Beijing this month launched an investigation into EU subsidies on some dairy products imported into China, a day after the bloc said it planned to impose five-year import duties of up to 36% on Chinese electric cars.
The investigation, which is the latest step in the trade stand-off between the two countries, will cover a range of products including fresh cheese and curd, some types of milk and cream. | BGNES
