| China ends anti-dumping measures on ROK-made fiber |
| 2008-02-13 05:43 |
| From:Xinhua Article type:Reproduced |
BEIJING -- China has ended five years of anti-dumping measures on polyester chips and polyester fiber imports from the Republic of Korea, according to the Ministry of Commerce. The rule took effect on Feb. 3, a ministry announcement said, adding the measures had expired naturally after five years if no one filed an appeal. In response to concerns from the domestic industry, China launched its anti-dumping investigation on Aug. 3, 2001, and decided to take temporary measures on Oct. 22, 2002. In 2003, China leveled five years of punitive anti-dumping tariffs, ranging from two to 48 percent. Polyester chips and fiber are used in making plastics and synthetic textiles. |
| (Source: English Site of Bureau of Fair Trade for Import and Export) |
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