Hello, welcome to another MLEX podcast associated with our Best of MLEX series.

My name is James Panicki. I'm Mlex's Brussels managing editor, and today we are indeed

happily ensconced in the Brussels office of MLEX on the rather bleak Rue de la Loire.

And we're here to talk trade with Mlex's chief trade correspondent, Poppy Bullock. Hello, Poppy.

Hello.

Now, you've been writing about China's

increasing dissatisfaction with how its products are treated both by the US and the EU, but we're

going to be focusing specifically on the EU today. Now, China's experts, exports are often caught up

in highly complex anti-dumping calculations.

But let's assume that not all listeners are trade experts today.

So walk us through it one step at a time.

Starting from the key question, what is dumping and why does China have so much at stake here?

Well, dumping is quite simply when an exporting product is sold in another country below the value on its own market

or below the cost to make the product that it's selling.

And the Chinese in particular have had a lot of their exports affected by these considerations

on the assumption that they are being dumped on European markets.

Absolutely. The very large majority of EU tariffs for dumping and anti-subsidy are against China.

And of course this means that there is less likelihood for those goods that have tariffs

that EU importers are going to buy the Chinese goods.

And under WTO rules, the EU is committed to free trade, but it can impose tariffs if it fears products are indeed being dumped on the market.

And that is what has been occurring with a number of Chinese products.

But there's, I suppose, a wider context to all of this.

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