Trade: China will take EU to WTO
(Forbes)
Updated: 2006-09-26 14:18
China's Ministry of Commerce said it will seek WTO arbitration if the EU
decides next month to impose anti-dumping duties on its leather footwear, the
South China Morning Post reported, citing senior ministry sources.
This is the biggest EU anti-dumping case against China, affecting
174 million pairs of Chinese leather shoes worth nearly 13 billion yuan
annually, the report said.
About 30 percent of the Chinese shoes are linked to Hong Kong businesses,
whether as Hong Kong-invested shoe manufacturers or traders, the report
said. (For more biz stories, please visit Industry Updates)
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