Potato starch imports in probe
By Wang Yanlin |
August 31, 2010, Tuesday
|
Print Edition
Print Edition
CHINA started an anti-subsidy investigation into imports of potato starch from the European Union, the first countervailing investigation against the EU, the Ministry of Commerce said yesterday.
The Potato Starch Specialty Council under the China Starch Industry Association requested the investigation, according to a statement on the ministry's website.
The probe followed the EU's decision in May to impose an anti-dumping tariff of up to 20.6 percent on China's aluminum alloy wheels and its ruling in December to extend tariffs on Chinese and Vietnamese leather shoes by 15 months.
China has levied an anti-dumping tariff ranging from 17 to 35 percent since February 2007 on imports of EU potato starch, which is widely used in food processing, pharmaceuticals, textiles and animal feed.
In March, the council also asked the ministry to review the anti-dumping duties because they did not reflect the new situation as the "dumping rate of EU producers has surpassed the tariffs," according to earlier media reports.
The Potato Starch Specialty Council under the China Starch Industry Association requested the investigation, according to a statement on the ministry's website.
The probe followed the EU's decision in May to impose an anti-dumping tariff of up to 20.6 percent on China's aluminum alloy wheels and its ruling in December to extend tariffs on Chinese and Vietnamese leather shoes by 15 months.
China has levied an anti-dumping tariff ranging from 17 to 35 percent since February 2007 on imports of EU potato starch, which is widely used in food processing, pharmaceuticals, textiles and animal feed.
In March, the council also asked the ministry to review the anti-dumping duties because they did not reflect the new situation as the "dumping rate of EU producers has surpassed the tariffs," according to earlier media reports.
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