CHINESE TEXTILE EXPORTERS WIN ZERO TARIFF FROM US

AsiaInfo Services, April, 2007

AsiaInfo Services 04-18-2007 Chinese Textile Exporters Win Zero Tariff from US NINGBO, Apr 18, 2007 (SinoCast via COMTEX) -- Recently, the U.S. Department of Commerce worked out its ultimate arbitration on Chinese textile companies which have filed a lawsuit against its anti-dumping investigation. Cixi Jiangnan Chemical Co., Ltd.

won zero tariff, Ningbo Dafa Chemical Fiber Co., Ltd. 4.86%, and other Chinese companies responding to the anti-dumping investigation 4.44% averagely, compared with as high as 44.3% for those who give no response. The anti-dumping investigation on Chinese polyester staple fibre is called the largest one on Chinese textiles, involving 20 Chinese companies and a total value of more than USD 50 million. Dafa and Jiangnan are the largest...

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