Chinese importers of chloroepoxy propane, a chemical used for
medicine, pesticide and plastic production, are required to pay
extra anti-dumping duties as of Wednesday according to a latest
circular of the Ministry of Commerce.
The decision came after the Ministry made a final judgment
saying that the import of these products from Russia, the Republic
of Korea, Japan and the United States constitute dumping and are
harming relevant industries of China.
The circular required Chinese importers to pay anti-dumping
duties of up to 71.5 percent to customs authorities to offset the
damages to domestic consumers.
The ministry declined to give the number of companies
affected.
The investigation into the case began in December 28, 2004. A
preliminary judgment was announced on September 21, 2005.
(Xinhua News Agency June 29, 2006)
