CRI Home - Photo- Forums - Talk China - Surf China - About China -  
  Webcast | CRI Today | China | World | Biz | SciTech | Sports | Life | Showbiz | Easy FM | Learn Chinese / English | Weather | Events
 
 
 
 
EU to Investigate China CD Imports
2005-8-8 20:53:19      Associated Press
The European Union is going to investigate cheap recordable compact disc imports from China.

Related Event: Anti-dumping

BRUSSELS, Belgium -- The European Union opened an investigation Monday into claims that cheap recordable compact disc imports from China, Hong Kong and Malaysia were hurting European industry.

The European Commission said it started an antidumping probe after receiving evidence from the European compact disc manufacturers group CECMA, which represents more than 60 percent of the EU's production of recordable CD's or CD-Rs.

"The complainant has provided evidence that import of the product concerned from the People's Republic of China, Hong Kong and Malaysia have increased overall in absolute terms and in terms of market share," the Commission said in a formal notice published in the EU's online Official Journal.

On Friday, it opened a similar probe into imports of recordable DVDs from China, Hong Kong and Taiwan. The antidumping probe can last as long as 15 months and EU officials can recommend provisional trade restrictions during the investigation. If confirmed, restrictions can last five years.

The move marks yet another trade dispute with Beijing over the growing problem of cheap Chinese goods that the European Commission says are unfairly flooding the European market. The EU has already reached a deal with China over the import of textiles, after European textile makers demanded a curb in imports of T-shirts, sweaters and shoes.

(Photo source: baidu.com)


        Talk China        Print        Email        Recommend
 
Related Stories:
v EU Starts Anti-dumping Investigation against China's DVD 08-06

  Copyright of crienglish.com. All rights reserved.

Reproduction of text for non-commercial purposes is permitted provided that both the source and author are acknowledged and a notifying email is sent to us.
 
 

 
postalChina Post is progressing with its scheme to merge its two sub-businesses.
textilePeter Mandelson said he would hold talks with Bo Xilai this week.
YahooChinese e-commerce operator Alibaba.com is in the late stages of talks to sell a 35 percent stake to Yahoo Inc.
BOC IPO Could Take Place in 2005
China, Hong Kong, Japan, and Aussie Market Roundup 
CNOOC's Market Value Up By $7b
Producer Price Index Rises
Lenovo Profit Up 6% After IBM PC Buy
Power Supply Sees Robust Growth
HK Urges Manufacturers to Go "Green"
Major HK Banks's Interest Rate Hike
China Mobile First-Half Profit Rises