China is facing a surge in anti-dumping investigations, with 64 cases in the first half of the year, partly driven by US efforts to reduce the World Trade Organization's influence. The country's booming plastic production is outpacing domestic demand, leading to potential trade tensions globally. Chinese petrochemical plants are running at reduced capacity due to oversupply, which could turn China into a significant exporter, exacerbating trade tensions with Europe and the US. This overcapacity in China's chemicals sector poses a significant risk, impacting global markets and trade relationships.