Friday, November 6, 2009

China Launches Anti-Dumping, Anti-Subsidy Probe into U.S. Autos

(China Daily – Xinhua)

China’s Ministry of Commerce (MOC) said Friday it had launched anti-dumping, anti-subsidy investigations into U.S.-made off-road vehicles and sedans with engine displacements of 2.0 liters and above. The decision was made after the China Association of Automobile Manufacturers (CAAM) filed an application for the investigations, the MOC said in a statement posted on its website. CAAM, representing Chinese car-makers, said U.S. car makers had unfairly benefited from 31 government subsidy programs. The MOC decided to investigate into 24 of them.

The ministry said it held consultation with its U.S. counterpart on Tuesday and made the decision in accordance with China’s anti-dumping and anti-subsidy laws. The investigations would commonly be ended before November 6, 2010, but might be extended by another year if necessary, the MOC said. Read more here.