China Speeds Up Processing Anti-dumping Cases

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Last updated at: (Beijing Time) Wednesday, June 05, 2002

China Speeds Up Processing Anti-dumping Cases

China's foreign trade departments have launched investigations into 19 anti-dumping cases since 1997and six have reached a final decision.

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China's foreign trade departments have launched investigations into 19 anti-dumping cases since 1997and six have reached a final decision.

The Ministry of Foreign Trade and Economic Cooperation (MOFTEC)said Wednesday in Dalian that anti-dumping tariffs ranging from 4 percent to78 percent have been imposed on the products surveyed in the six completed cases.

The country also carried out its first probe into dumping charges raised by local enterprises in 1997 against paper producers from the United States, the Republic of Korea (ROK) and Canada.

China issued rules and regulations on anti-dumping, countervailing duties and safeguard measures in December last yearwhile MOFTEC has set up a new organ, named the Fair Trade Bureau, to investigate and decide if dumping occurs or if subsidies have been given, in wake of the country's WTO entry.

According to Wang Shichun, director of the Fair Trade Bureau inMOFTEC, almost every domestic enterprise would like to go to courtnow if it is accused of dumping by the U.S. or European counterparts.

In contrast, only 30 percent of those accused were willing to undergo the legal process in the 1980s, he added.

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