Chinese Bearing Firms Accused of Dumping by US Respond

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Last updated at: (Beijing Time) Friday, March 01, 2002

Chinese Bearing Firms Accused of Dumping by US Respond

The China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) held a meeting in Hangzhou, Wednesday, informing bearing manufacturers of anti-dumping accusation lodged by the United States.
The firms involved will respond to the suit in order to protect their legitimate rights and interests.

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First Case Lodged by US in 2002

The U.S. International Trade Committee (ITC) launched investigations of China-made bearings exported to the U.S. two weeks ago.

Officials with the CCCME said that it is the first "anti- dumping" case lodged by the United States this year. The investigation concerns China-made bearing products worth of 200 million U.S. dollars and involves over 250 Chinese manufacturers.

The ITC is looking into whether the U.S. domestic bearing industry has suffered damage, officials with CCCME stated.

Accusation Not Fair: Norin Optic Co.

China exports more than 10,000 varieties of bearing products to the United States annually. Statistics gathered by the ITC indicate that the majority of the exporters are from east China's Zhejiang Province.

Zhang Zhuo Fei, deputy manager of Norin Optic Co., Ltd, said that the accusation against his company is unfair. "We have decided to respond to the investigation and hope for a fair result."

Cooperative Attitude Helpful: CCCME

Trade experts said that some firms involved may decide that to fight the case is too time-consuming, which will definitely result in heavy anti-dumping tariffs and the loss of their U.S. market.

Insiders here say that the European Union and other markets may take the American judgment as their reference for later anti- dumping investigations.

All manufacturers involved are asked to fill in the questionnaire provided by the ITC. Officials with CCCME say a cooperative attitude will help these firms to defend themselves.

The hearing will be held on March 6 and the preliminary decision will be released on April 1.

China Introduces Anti-Dumping Law

The State Council issued an order on December 10, 2001, announcing that the country's Anti-dumping Statute, which includes regulations concerning dumping and damage, anti-dumping investigations, anti- dumping measures and an anti-dumping tax, will be effective from January 1, 2002.

Full Text of the Anti-dumping Statute (Chinese version)

China to Better Protect Domestic Enterprises Against Anti-dumping

To support the promulgation of the Anti-dumping, Anti-subsidy and Protection Measures in order to create a fair trade environment and better protect Chinese enterprises, December 12 saw a symposium on the three regulations held by Ministry of Foreign Trade and Economic Cooperation (MOFTEC) in Beijing.

Anti-Dumping and Anti-Subsidy Regulations of the People's Republic of China (English version)

Click Here for More Information of China's Anti-dumping

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