Article: China takes temporary antidumping measures on South Korea-made polyester chip. (Newsdesk).

China is taking temporary antidumping measures against imports of polyester chip produced in South Korea.

A statement released by the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) on October 29 says the decision was made following an investigation and the first arbitration session.

Investigation found that dumping did take place and that the imports have caused substantial damage to the industry in China.

MOFTEC also announced that importers of polyester chip produced in South Korea should provide cash deposits to Chinese Customs in accordance with the decision.

On June 26, 2001 MOFTEC received an application, about an ...

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