Trending News

China slaps 179% anti-dumping duty on sorghum from US

| | Beijing
China slaps 179% anti-dumping duty on sorghum from US
China's Commerce Ministry announced on Tuesday that it will impose provisional anti-dumping measures on sorghum grain imported from the US.
A preliminary ruling by the ministry found that US companies had dumped sorghum grain on the Chinese market and such imports had caused substantial damage to the domestic industry, Xinhua news agency reported.
Starting from Wednesday, importers of the product will be required to pay deposits with Chinese customs based on a rate of 178.6 per cent, according to the ministry.
Data from the ministry showed US' sorghum exports to China surged from 317,000 tonnes in 2013 to 4.76 million tonnes in 2017, while export prices slumped 31 per cent during the period, leading to a fall in domestic prices that hurt local industries.
Wang Hejun, head of the ministry's trade remedy and investigation bureau, said the decision was in accordance with Chinese laws and WTO rules and was aimed at correcting unfair practices to maintain a healthy trade order.
"China has always opposed abuses of trade remedy measures... China is willing to expand cooperation with the US side to reduce disagreements in the trade field," Wang said.
The Commerce Ministry decided to launch anti-dumping and anti-subsidy probes into US' sorghum in early February. The ruling for anti-subsidy probe will be released later as the two probes involve different procedures and entities, according to Wang.


Sunday Edition

View All

My father lived, died for India, says Rahul

15 Jul 2018 | PTI | New Delhi

Amid row over alleged use of derogatory language in a web series while referring to former Prime Minister Rajiv Gandhi, Congress chief Rahul Gandhi on Saturday said the BJP and the RSS believe that freedom of expression must be policed, while he regards it as a fundamental democratic right. “My father lived and died in the service of India...

Read More


View All

Pranaam Pawas: A poetic event organised to welcome monsoon

17 Jul 2018 | Staff Reporter | Bhopal

Phir Khule Akaash me Judde Ghataon Ke, Phir Hawaon Ke Dupatte Ho Gaye Jheene, a poetic event centered on creations about monsoon ‘Pranaam Pawas’ concluded in city. The event was organised by the Dushyant Kumar Memorial Manuscript Museum to welcome the monsoon season...

Read More

Page generated in 0.1876 seconds.