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55 countries impose protective measures on Chinese imports
01
Oct '09
U.S. textile groups and major textile workers unions are in talks to study whether 421 safeguard investigations can be introduced on Chinese apparel imports.

A minimum reference price has also been imposed on the Chinese footwear products by Argentina, and Brazil is also planning to do the same. The two countries will make joint anti-dumping investigations on Chinese products.

The US steel corporation, America's largest steel company made a request to the U.S. Department of Commerce, through an application, to impose duties on several steel pipe products imported from China, with the highest anti-dumping duty at 60 percent and the highest countervailing duty up to 30 percent.

Provisional countervailing duty of 10.90 percent to 30.69 percent on Chinese steel pipes for oil sector had recently been announced by the U.S. Department of Commerce.

Similarly, on the import of tires from China, India has introduced special safeguard measures, while Brazil and Argentina have imposed additional tax and anti-dumping investigations respectively.

Around 55 countries have introduced various protective measures on numbers of exported merchandise from China.
In the first 6 months of this year, China has become world's export champion by exporting US $521.7 billion worth of merchandise, said the figures from the World Trade Organization.

Fibre2fashion News Desk - India


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