|
Bike makers in for bumpy ride |
|
|
|
|
Written by China Daily
|
|
Thursday, 09 June 2005 |
|
In a nut shell Europe claims that China's bicycle makers are dumping into the European market. As a result Europe is going to tax them more, which will probably result in at least one of them abusing the World Trade Organization (WTO) regulations. "BEIJING, June 9 -- Chinese bicycle exporters might face stricter market conditions in European countries after the penalty tariff against them increased. The European Commission has made the preliminary rulings to impose a 48.5 per cent penalty tariff on bicycles originated from China for dumping." (Full Article)
|
|
Last Updated ( Thursday, 09 June 2005 )
|
comments
There are no comments yet - feel free to add one using the form below... |
Page 1 of 0 ( 0 comments )
You are not authorized to leave comments - please login.