A final ruling of US Department of Commerce on June 9 confirmed China is dumping its shopping bags into US at an average rate of 23.06 percent, compared with the 18.43 percent for the initial ruling.
As many as nine exporters/producers have been put under investigation in this case, a record in history, according to the information from Wang Jianyu, attorney of the case from Guangdong-based Liu&Wang Attorneys at Law. The US Department of Commerce used to have no more than 4 businesses under probing.
Seven enterprises out of the nine involved in the case have got their specific tax rates while the remaining two failed and would be imposed the maximum rate of 77.33 percent.
As China is not regarded as a market economy by US, a reference country is still used to calculated the costs of Chinese exports. In this case, India was finally chosen as the reference coutry.
Another final ruling is supposed to be made by US International Trade Commission (ITC) within 45 days after the final ruling of US Department of Commerce. If ITC gives the same ruling as DOC by then, the latter will issue an anti-dumping order which entitles the US customs to collect case deposits based on specific rates from importers.
As learned Chinese exporters involved in this case are preparing actively now for their final ditch of battle. Some representatives from these enterprises are in Washington now and will made their testimony at the hearing of US International Trade Commission.
By People's Daily Online