30 September 1996 00:00 [Source: ACN]
CHINA is drawing up plans to implement antidumping measures, a senior Ministry of Chemical Industry official told ACN. The proposed measures are at a preliminary stage of development, but may be sufficiently advanced to be implemented during 1997.
The move follows the heavy damage inflicted on the country's polyester fibre producers in the last 12 months by low-priced imports from Taiwan and South Korea, the official said.
It mirrors the concern of Indonesian fibre producers who claim to have suffered against product allegedly dumped in their home market from Northeast Asia.
The Indonesian synthetic fibre manufacturer's assocation (APSYFY) has yet to receive Indonesian government confirmation that the antidumping case it has filed against South Korean and Taiwanese fibre exporters will be endorsed, an APSYFY spokesman said last week (ACN 23 Sept, p5).
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