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Dumping, or selling goods at unfairly low prices abroad, can undercut domestic markets at the expense of home industries, the ministry said in a statement.

Doris Ke, marketing director of Ycloset, said the company has set up its own cleaning operation in Beijing for the northern market and the new collaboration with Fornet will provide faster and cleaner clothes to customers in the country's eastern and southern markets.

Doria, who is going to visit China from July 21 to July 30, said China is Brazil's most important business partner and Sao Paulo's largest commercial partner.

Due to change of acquisition, Fosun Pharmaceutical shares fell as much as 13 percent on Tuesday and closed down 1.13 percent at 28.82 yuan. At 10:15 am, its shares were up 0.73 percent at 29.03 yuan.

Dream Cruises, a luxury cruise liner created in 2016 for Asian sourced markets, has temporarily suspended its operation in the Chinese mainland due to the outbreak of the novel coronavirus, sources with the company said.