Trade: China imposes anti-dumping duties (Xinhua) Updated: 2006-05-23 09:55
China has imposed anti-dumping duties on the chemical catechol imported from
the United States and Japan, said a circular from the Ministry of Commerce
(MOC) in Beijing on Monday.
The move came after the MOC
decided the import of the products constituted dumping and damaged Chinese
industries.
The duties, ranging from four to 46.81 percent, will last
five years, said the circular. The Ministry has required importers to pay the
duties to customs offices. The MOC made a primary decision to take temporary
anti-dumping measures on the chemical on December 2, 2005. (For more biz stories, please visit Industry Updates)
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