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China imposes anti-dumping duties on S.Korean polyester staple fibre
  • Update:2007-04-28 10:13
China has imposed anti-dumping duties of up to 48 percent on imports of polyester staple fibre from South Korea to protect local industry. The tariffs, ranging from two to 48 percent, took effect on February 3 and will be in place for five years, Ministry of Foreign Trade and Economic Cooperation (MOFTEC) announced. A MOFTEC investigation found that dumping did take place, and the State Economic and Trade Commission concluded that the imports did cause substantial damage to the domestic industry. The ministries concluded there was a direct causal link between the dumping and the damage. MOFTEC started anti-dumping probes into polyester staple fibre, used to make fabrics and textiles, in August 2001 and launched temporary anti-dumping measures in October 2002. The above-said product is under China Custom Import Tariff No. 55032000 and 55062000. The following are the names of companies from The Republic of Korea and the anti-dumping duty rates for them respectively: 1、SAEHAN INDUSTRIES INC:2%   2、SAMHEUNG Co., Ltd.:5%   3、SUNGLIM Co., Ltd.:2%   4、HUVIS CORPORATION.:3%   5、DAEHAN SYNTHETIC FIBER CO.LTD:33%   6、Other S.Korean companies:48% (All information published in this website is authentic in Chinese. English is provided for reference only. )