BEIJING, Sept. 29 (Xinhuanet) -- China has announced that it began
collecting anti-dumping tax Monday on an imported chemical product, polyvinyl
chloride, that were produced in the United States, the Republic of Korea, Japan,
Russia and China's Taiwan Province.
Importers
of the chemical from those areas will have to pay an anti-dumping
tax to Chinese customs at a rate set for a five-year period, according to an
announcement by the Ministry of Commerce.
Chinese industries filed complaints to the former Ministry of Foreign Trade
and Economic Cooperation (MOFTEC) last year, and theMinistry of Commerce, which
succeeded the MOFTEC, announced an initial decision last May to implement
temporary anti-dumping measures.
Monday's announcement is the final verdict on the case.
A Russian company, the Joint Stock Company Sayanskchimplast, would be
exempt from the tax as it signed a price agreement with the Ministry of
Commerce, promising its price of the chemical willbe within a certain range.
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(China Daily)
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