TTWTO VCCI - PVTM

News

How to Sell Anti-Protectionism

04/12/2008

STOCKHOLM - The looming global recession has brought government intervention to save failing companies to the forefront of economic policy. In a speech just prior to the recent G-20 summit, British Prime Minister Gordon Brown warned President-elect Barack Obama against bailing out America's struggling Big Three automakers, arguing that global competition has made their decline irreversible. A bailout, then, would simply delay the inevitable at a huge cost to taxpayers.

VN springs to face anti-dumping tax

04/12/2008

HA NOI — The US International Trade Commission (ITC) last week announced its verdict in an anti-dumping suit against Vietnamese businesses for dumping innersprings, saying that the products were sold at less than production costs, said the Vietnamese Ministry of Industry and Trade’s Competition Management Department. Inner-springs are the core component of inner-spring mattresses.

Dumping scanner on hot-rolled coil

04/12/2008

Mumbai, Nov. 30: The commerce ministry has initiated an anti-dumping investigation into the import of hot-rolled coils from 15 countries, including China, Japan and Korea.

EU body approves import duties on Chinese screws

04/12/2008

BRUSSELS, Dec 3 (Reuters) - A European Union anti-dumping committee voted on Wednesday to adopt import duties of up to 87 percent on screws and bolts from China, EU diplomats said, in a move likely to worsen fragile ties between Brussels and Beijing.

China Increases Export Subsidies for Bikes

04/12/2008

BEIJING, China – Instead of lowering its export subsidy rate for bicycles which was still expected at the beginning of 2008, the Chinese government is raising it. In order to fight the global economic recession and to stimulate export the subsidy rate will rise from the current 9% to between 11 and 14%.

China courting EU to avoid anti-dumping duty

04/12/2008

China may have presented an impression of being the more important partner in relations with the EU by withdrawing from a summit meeting in Lyon, France, over the extraneous issue of President Sarkozy’s planned meeting with the Dalai Lama, a diplomatic discourtesy noted with much regret

Temping duty: Safeguard levy to fight cheap imports

04/12/2008

NEW DELHI: The government is examining a plan to impose safeguard, or temporary, Customs duties to help sectors such as steel and chemicals fight a surge of cheap imports, notably from China, officials say.

Dumping cases may rise in 2009

04/12/2008

Business groupings and the government have forecast an increase in dumping cases to be handled next year amidst nervousness that an influx of low priced imported goods may harm domestic industries.