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Chemical sales face anti-dumping probe
18/06/2015 10:28
(MENAFN) China has launched an anti-dumping probe into chemical imports from the European Union and US, the government said, amid heightened trade tensions between the giant economies.
Beijing's commerce ministry said it has started investigating whether EU and US firms were selling perchlorethylene at below cost - a tactic to win market share and eliminate competitors - after complaints from domestic companies.
Perchlorethylene, also called tetrachloroethylene, is a colorless fluid widely used in dry cleaning.
It is the second such anti-dumping procedure by China against European and US industries in less than a month, after it launched an investigation into companies making un-welded pipes.
Beijing's commerce ministry said it has started investigating whether EU and US firms were selling perchlorethylene at below cost - a tactic to win market share and eliminate competitors - after complaints from domestic companies.
Perchlorethylene, also called tetrachloroethylene, is a colorless fluid widely used in dry cleaning.
It is the second such anti-dumping procedure by China against European and US industries in less than a month, after it launched an investigation into companies making un-welded pipes.
01/06/2013
Source: menafn.com
Source: menafn.com
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