Last updated at: (Beijing Time) Wednesday, August 06, 2003
China Levies Anti-dumping Duty on ROK, Japanese Art Paper
China begins to levy anti-dumping duties on imported coated art paper produced in the Republic of Korea (ROK) and Japan Wednesday for a term of five years, the Ministry of Commerce has announced.
China begins to levy anti-dumping duties on imported coated art paper produced in the Republic of Korea (ROK) and Japan Wednesday for a term of five years, the Ministry of Commerce has announced.
Importers of the product originated from the two countries will have to pay duty ranging from 4 percent to 71 percent.
The decision is the final verdict on the anti-dumping measures,says the ministry announcement. A preliminary verdict was made last November.
A Ministry of Commerce investigation found the Chinese art paper industry suffered substantially because of dumping by the two countries.
Meanwhile, an anti-dumping investigation against imports of coated art paper produced in the United States and Finland was canceled and no measures were taken after it found these products were less than 3 percent of the total imports.
Coated art paper is mainly used for publishing color pictorials, advertisements and packaging.