Home / Knowledge / News / Apparel/Garments / Anti-dumping probe in to imports of Chinese suits
Anti-dumping probe in to imports of Chinese suits
03
Mar '10
The Ministry of Industry has recently issued a statement, saying that Argentina has decided to launch anti-dumping investigations on western style suits, suits and jackets exported to Argentina from China.

The notice says that the survey was conducted by the Argentine Anti-Unfair Competition and Investigation Bureau, following the documents submitted by Garment Industry Association of Argentina and several apparel companies.

The fact has been confirmed that Chinese men's and children's western style suits and jackets were dumped in Argentine market at the prices less than that in China's domestic market, which seriously squeezed market shares of Argentine companies.

The notice also pointed out that, China made suits and jackets exported to Argentina showed a dumping margin of 561 percent, according to preliminary findings.

In recent years, Sino-Argentina trade has been rapidly developing. Argentina's National Bureau of Statistics reported that bilateral trade between China and Argentina amounted to US $8.82 billion in 2009, down 35.8 percent from 2008.

Analysts generally agree that the adverse effects of financial crisis and restrictive measures against imports taken by Argentina were the main reasons for the substantial decline in bilateral trade last year.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X