Home>>Business
Last updated at: (Beijing Time) Thursday, August 29, 2002

Accusation by Canadian Company Groundless

China's biggest automotive replacement glass (ARG) windshield supplier said Wednesday that it is confident Canadian anti-dumping charges against it will be found to have no merit.


PRINT DISCUSSION CHINESE SEND TO FRIEND


China's biggest automotive replacement glass (ARG) windshield supplier said Wednesday that it is confident Canadian anti-dumping charges against it will be found to have no merit.

The Fuyao Glass Industry Group Co Ltd is waiting for the final determination of the Canadian International Trade Tribunal (CITT) over accusations of the company's alleged dumping, Cho Tak-wong, chairman of the company, said Wednesday.

The final determination is expected to be delivered on Friday afternoon (local time) in Ottawa, Canada. "Whatever the result is, we will continue fighting for our legitimate rights and for justice and fairness," Cho said.

Another Canadian trade authority, the Canada Customs and Revenue Agency (CCRA) imposed on July 31 a weighted average tariff rate of 24.09 per cent on Fuyao Glass in its final determination, which the company says is groundless.

Four Chinese windshield producers, including Fuyao Glass, located in Fuqing in East China's Fujian Province, were hit with dumping charges by PPG Canada Inc, a major windshield producer in Canada last December.

After a nine-month long investigation, the agency ruled that since the replacement windshield industry in China was operating under market economy conditions, the calculation of dumping margins should be based on the price of the goods on the Chinese market.

According to the agency's final determination, the CCRA will levy no weighted average tariffs on three accused companies - Shenzhen Benxun Automotive Glass Co Ltd, Xinyi Automotive Glass (Shenzhen) Company of Henggang Town, and Dongguan Kongwan Automobile Glass Ltd of Dongguan.

But Fuyao Glass will face a weighted average tariff rate of 24.09 per cent.

The company was the only one targeted because its export volume accounts for 85 per cent of China's total ARG windshields in Canada, Cho said.

The CCRA has charged that it was because Fuyao operates in the original equipment manufacturers (OEM) market in China, while in Canada, it operates on the ARG market which can garner prices 10 times less than those on the OEM market because it is not part of a brand name. Fuyao rejects this.

Fuyao also claims that its competitor, PPG, is not a local Canadian company and therefore has no right to sue Fuyao for dumping.


Questions?Comments? Click here
    Advanced






Chinese Glass Plants Win Canadian Anti-dumping Case



 


Highly Concerning China, US Plans to Deploy New Fighters in Guam ( 5 Messages)

Japanese Court Dismisses Germ Warfare Victims' Damages Claim ( 3 Messages)

China Plans to Stop the Overeas Flight of Corrupt Officials ( 14 Messages)

China's Exports Hit Record of US$56.2 Billion in July ( 96 Messages)

Old Chinese Beaten by NY Police, Triggers off Big Clash ( 47 Messages)



Copyright by People's Daily Online, all rights reserved