|
|
Article: Chinese silk fabrics may face dumping duty.
- Article from:
- Economic Times (New Delhi, India)
- Article date:
- November 20, 2006
CopyrightCOPYRIGHT 2006 The Economic Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Nov. 20--NEW DELHI -- On the eve of Chinese president Hu Jintao's visit to India, the commerce department recommended imposition of anti-dumping duty on Chinese silk fabrics. Likely to affect half-a-dozen Chinese exporters and their associates, the move is expected to have a bearing on the economic ties between the two countries, especially since India has not granted market economy status to China.
The commerce department had initiated an anti-dumping investigation on Chinese silk imports on the basis of complaints from a number of Karnataka-based organisations. The duties recommended by the commerce department are in the range of 40-50 percent, according to ...