Cars

MOF says US dumps subsidized cars

(Xinhua)
Updated: 2011-05-06 13:20
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BEIJING - China's Ministry of Commerce (MOC) said Thursday in a final ruling that the United States has dumped subsidized sedans and sport utility vehicles with engine displacement of 2.5 liters or bigger on the Chinese market.

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The move has harmed China's domestic auto manufacturing industries, the MOC said in a statement on its website.

However, the statement continued to say that China would not take anti-dumping and countervailing measures on these vehicles until further notice.

This came after an initial ruling the MOC announced on April 2, which said a preliminary investigation found the US had dumped cars onto the Chinese market.

China launched the anti-dumping and anti-subsidy investigation into auto imports from the US on Nov 6, 2009 at the request of the China Association of Automobile Manufacturers, which represents Chinese car-makers.

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