China Announces Anti-Dumping Tax on X-Ray Scanners From Europe

26/01/2011 12:00 - 441 Views

China will levy an anti-dumping tax on X-ray security scanners made by European companies, the Ministry of Commerce said.

An investigation showed that European makers of the scanners harmed local manufacturers by dumping the devices in the Chinese market, the ministry said today in a statement on its website. China will impose a tax ranging from 33.5 percent to 71.8 percent on such imports for the next five years, effective today, according to the statement.

China released a preliminary finding of dumping on June 9, based on the investigation begun in October 2009.

To contact Bloomberg News staff for this story: Feiwen Rong in Beijing at +86-10-6649-7563 or frong2@bloomberg.net

To contact the editor responsible for this story: Jim McDonald at jmcdonald8@bloomberg.net

Jan 23, 2011 11:59 AM GMT+0700
By Feiwen Rong.
Editors: Suresh Seshadri, Jim McDonald
Source: Bloomberg.com