BIZCHINA / Top Biz News |
China launches examination of rubber dumping measures(Xinhua)Updated: 2006-12-01 15:43 China's Ministry of Commerce issued a bulletin on Thursday to launch a
mid-term examination of measures against dumping by a petro-chemical company in
the Republic of Korea (ROK). The examination into the alleged dumping of styrene butadiene rubber was scheduled to end within a year, according to the ministry.
ROK-based Kumbo Petrochemical Co., Ltd. submitted an application to the ministry in September for a mid-term examination, asking China to lower its 10 percent tariff rate.
Styrene butadiene rubber is a chemical material used in the manufacture of tires and other rubber products. China levied an anti-dumping tax on imported rubber from Russia, the ROK and Japan in September 2003. (For more biz stories, please visit Industry Updates) |
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