Government and Policy

China wants anti-dumping deposits on imported EU equipment

(Xinhua)
Updated: 2010-06-09 17:33

BEIJING - The Ministry of Commerce (MOC) said in a preliminary ruling Wednesday that it will require deposits on imports of X-ray inspection equipment from the European Union (EU).

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The MOC said in a statement posted on its website that it has found evidence of dumping which has caused substantial damage to the domestic industry.

From Thursday, companies importing X-ray equipment from the EU, China's largest trading partner, will be required to set aside deposits with rates ranging from 48.2 percent to 71.8 percent based on the level of dumping, said the statement.

The MOC started anti-dumping investigations into X-ray security inspection equipment imported from the EU since October last year.