Trade: Fiber dumping charges
(Shanghai Daily)
Updated: 2006-08-09 14:04 The US International Trade
Commission has ruled in favor of US producers of polyester fiber on dumping
charges against Chinese exporters.
The ITC determined there were reasonable indications that US industries were
materially injured or threatened by Chinese imports sold in America at less than
fair value.
The US producers had complained that Chinese polyester fiber
imports surged 161 percent by weight between 2003 and 2005. Chinese shipments
accounted for 39 percent of all imports in the latest 12-month period, according
to the US Department of Commerce.
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