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World News and Views :: Top of the News
China slaps antidumping duties on resorcinol from Japan and US
7:28 AM MDT | March 22, 2013 | Deepti Ramesh
Ministry of Commerce, PRC (Mofcom; Beijing) will impose antidumping duties on imports of resorcinol from Japan and the United States for five years starting 23 March, the Chinese government says. An antidumping investigation was launched in March 2012 following complaints from Chinese manufacturers of resorcinol. The final ruling follows the investigation, which revealed that resorcinol imports from Japan and the United States were dumped in the Chinese market, causing substantial damage to the Chinese resorcinol industry. China will levy a 40.5% tariff on...
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