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China Ends Anti-dumping Measures on ROK-made Fiber

China Ends Anti-dumping Measures on ROK-made Fiber

Write: Brayden [2011-05-20]

China has ended five years of anti-dumping measures on polyester chips and polyester fiber imports from the Republic of Korea, according to the Ministry of Commerce.

The rule took effect on Feb. 3, a ministry announcement said, adding the measures had expired naturally after five years if no one filed an appeal.

In response to concerns from the domestic industry, China launched its anti-dumping investigation on Aug. 3, 2001, and decided to take temporary measures on Oct. 22, 2002.

In 2003, China leveled five years of punitive anti-dumping tariffs, ranging from two to 48 percent.

Polyester chips and fiber are used in making plastics and synthetic textiles.