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November 21, 2009

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Good News On Shoes

CHINA said yesterday it welcomed a decision by a European Union trade panel to reject an extension of dumping duties on Chinese shoes, saying it was a mark of the EU's commitment to free trade.

The EU's anti-dumping committee voted on Thursday against a European Commission proposal to extend the duties on shoes from China and Vietnam -- to the relief of major retailers.

EU ministers must decide next month whether to uphold the vote or take the unusual step of overruling their officials.


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