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| Aokang's persistence in the marathon legal process, as well as its positive outcome, can both boost the confidence of other Chinese businesses trying to defend their interests overseas and offer them practical advice. |
China’s leading shoe manufacturer, Aokang, has been cleared of anti-dumping charges by the European Commission. The ruling could have implications for other trade disputes.
Sunday’s ruling marks the end of a six-year anti-dumping investigation surrounding Aokang’s leather shoe exports.
The European Court of Justice ruled in the company’s favor, awarding damages of five million Chinese Yuan. That’s almost one million U.S. dollars including tariff refunds and legal costs.
Wang Zhentao, President of Aokang Group Co., said, "Over the past six years, the European Union has dispatched delegations to our company a couple of times. They have realized that Aokang is a company, which strictly complies with regulations."
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