China drops anti-dumping measures on imported rubber

07/09/2014 12:00 - 485 Views

BEIJING, Sept. 7 (Xinhua) -- The Chinese Ministry of Commerce (MOC) said Sunday it would waive anti-dumping measures on rubber imported from Russia, Japan and the Republic of Korea (ROK) beginning Monday.

The ministry said it has received no expiry review request from Chinese industries to extend the anti-dumping measures, which expire Sunday, and it would not start an expiry review itself.

The five-year anti-dumping duties against styrene butadiene rubber, a raw chemical material used in tires and other rubber products, were imposed in 2009 as investigations found dumping caused substantial damage to the domestic industry, the MOC said.

Previously, Chinese importers had to pay taxes ranging from zero percent to 38 percent, depending on the manufacturers, to Chinese Customs.

Source: Xinhua