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News

Chinese enterprise to be exempt from anti-dumping tariffs in Europe

19/10/2009

The European Court recently ruled that during the final ruling over anti-dumping measures against Chinese-made ironing boards in April 2007, the European Commission (EC)'s approach denying market economy status to a Chinese enterprise, Yongjian Commodities Co Ltd based in Shunde District, Foshan of Guangdong province, and imposing an 18.1-percent anti-dumping tariff on the company was illegal.

Brussels Shoe Silliness

19/10/2009

Brussels' last extension of antidumping duties on shoes from China and Vietnam in 2008 raised prices for consumers at a time when food- and fuel-price rises were in the news. Now the pols are considering yet another extension of those duties, while consumers and businesses are reeling from the global economic slowdown. From dumb to dumber.

Duty call trips Russia steel game

16/10/2009

MOSCOW - Chinese checkers may be the closest Russia's metal oligarchs, Mechel chief executive Igor Zyuzin and Novolipetsk Steel chairman Vladimir Lisin, have come to understanding Chinese strategy. The problem is that the game is neither Chinese, nor checkers - it's actually an American invention, dating from the 1880s and is based on the simple tactic of jumping your pieces further and faster into your opponent's goal before he can do the same to yours. As developed 15 years ago, Russian asset-raiding tactics in the metal and mining sector are not much more sophisticated.

China 'opposed' to EC move

16/10/2009

China is opposed to the European Commission's plan to extend for another 15 months anti-dumping duties on Chinese shoe imports, and the move, if approved, would further pressurize struggling domestic shoe manufacturers, the Ministry of Commerce said.

U.S. needs more on services from Doha round: Kirk

16/10/2009

WASHINGTON (Reuters) - The United States cannot agree to a deal in the Doha round of world trade talks until other countries make better offers to open their markets to services trade, the top U.S. trade official said on Tuesday.

Brussels to propose extension of shoe duties

16/10/2009

The European Commission is set to put forward a proposal that will extend EU import duties on shoes from China and Vietnam if agreed by EU member states.

EU to depend against levying duty on China's fastening pieces

16/10/2009

Oct. 13 MetalBiz--EU stated on October 12 that it will provide the defense for imposing the duty on China's fastening pieces and EU will strictly observe the EU regulations in all the anti-dumping cases.

GPCA Challenges Anti-dumping Charges Raised by China, India and EU

15/10/2009

DUBAI, October 12 /PRNewswire/ -- Gulf Petrochemicals and Chemicals Association (GPCA), the regional umbrella organization of petrochemical and chemical producers in the region, has launched an initiative to challenge what it described as protectionist measures in the garb of anti-dumping procedures launched by China, India and the European Union (EU) against exports from countries in the region.