China begins temporary anti-dumping measures as of Thursday against
imports of acrylate made in the Republic of Korea (ROK), Malaysia,
Singapore and Indonesia, according to the Ministry of Foreign Trade
and Economic Cooperation (
MOFTEC).
Investigation has revealed that substantial damage to Chinese
industries has been caused due to dumping of acrylate imported from
the above-mentioned countries, MOFTEC said in a statement.
MOFTEC made the judgment in line with results of anti-dumping
investigation that was initiated on October 10, 2001 by relevant
government departments.
The ministry required importers of acrylate made in the four
countries to pay cash deposits to Chinese customs. The product is
listed under "2916.1200" in the tariffs of the General
Administration of Chinese Customs.
(Xinhua News Agency December 5, 2002)