China may appeal anti-dumping ruling

04/02/2009 12:00 - 782 Views

The Chinese Ministry of Commerce said it may appeal a European Union decision to take anti-dumping measures against Chinese fasteners.

"The ruling against Chinese products lacked justness and transparency," said Yao Jian, a spokesman for the Ministry, the state-run Xinhua news agency reported Wednesday. "China will study and assess the verdict and retain the right to appeal to the World Trade Organization."

Europe's manufacturing industries are a major market for Chinese fasteners such as nuts, bolts and screws, Xinhua said.

Yao said the ruling displayed "obvious probability toward trade protectionism."

BEIJING, Jan. 28 (UPI)

Source: www.timesoftheinternet.com