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Ministry: China opposes U.S. ruling on laminated woven sacks |
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20:07, July 02, 2008 |
The Ministry of Commerce (MOC) said on Wednesday that it was strongly dissatisfied with and firmly opposed to a recent U.S. final ruling on the anti-dumping and anti-subsidy probe into laminated woven sacks imported from China.
The U.S. Department of Commerce ruled on June 16 that Chinese companies that produce such bags receive government countervailing subsidies ranging from 29.54 percent to 352.82 percent.
A spokesman for the MOC said the U.S. ruling hurt Chinese enterprises' interests and is not acceptable to the Chinese government or the industry.
China will conduct studies and reviews of the ruling and continue to use legal means and World Trade Organization dispute settlement mechanisms to protect the legitimate rights and interests of domestic companies, added the spokesman.
Source: Xinhua
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