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China: India To Levy Antidumping Duties On China Telecom Gear
17/12/2009 12:00
BEIJING (Dow Jones)--India will levy antidumping duties against some imports of Chinese-made telecommunications equipment, according to China's Ministry of Commerce.
India will levy duties of up to 236% on imports of synchronous digital hierarchy, or SDH transmission equipment, a standard technology for digital telephone networks, according to a statement dated Dec. 11 on the ministry's Web site.
Chinese telecommunications equipment maker ZTE Corp. (0763.HK) will pay duties of 236% and Huawei Technologies Co. will pay 50%, the statement said.
Officials from the two companies were not immediately available to comment.
India will levy duties of up to 236% on imports of synchronous digital hierarchy, or SDH transmission equipment, a standard technology for digital telephone networks, according to a statement dated Dec. 11 on the ministry's Web site.
Chinese telecommunications equipment maker ZTE Corp. (0763.HK) will pay duties of 236% and Huawei Technologies Co. will pay 50%, the statement said.
Officials from the two companies were not immediately available to comment.
-By Aaron Back, Dow Jones Newswires; (8610) 6588-5848; aaron.back@dowjones.com
DECEMBER 14, 2009, 11:18 P.M. ET
Source: online.wsj.com
DECEMBER 14, 2009, 11:18 P.M. ET
Source: online.wsj.com
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