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|Wednesday, August 09, 2000, updated at 16:14(GMT+8)|
Seven Chinese TV Manufacturers Appeal Anti-Dumping ChargesSeven Chinese color TV manufacturers signed a joint statement in Beijing Tuesday afternoon, drawing publicity to the nearly 400 charges that Chinese products were dumped on international markets. They appealed for support in their appeal against the dumping charges, saying China's enterprises are expanding in overseas markets in a legal and rational manner.
The seven TV companies are: Amoisonic, Changhong, TCL, Hisions, Skyworth, Panda, Furi.
Their statement also stressed their vehement protest that some countries use the excuse that China is not a market economy country and continues to use third party countries as substitutes when calculating their dumping profit margins.
In 1988, EU investigated Chinese and Korean TV manufacturers for anti-dumping charges, and raised anti-dumping taxes against Chinese TV manufacturers twice during this period. In December of that same year, the Korean enterprises appealed and won back its original tax rate. However, a 44.6% anti-dumping tax was imposed on Chinese enterprises. Since then, Chinese TVs have nearly disappeared from European markets.
This March, Amoisonic first submitted a letter of appeals to the EU, and one month later, Haier, Skyworth, Furi, TCL, Hisions, Konkia, Panda, Changhong followed suit.
Experts point out that China will soon join the WTO, but Chinese enterprises are lack experts and experience in appealing anti-dumping charges. Thus, China must learn quickly and cultivate talents in this area.
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