Anti-dumping duties loom over EU-China shoe business
16 Jan '06
1 min read
A China-EU trade catastrophe lurks around the corner after Brussels on 12 January, 2006 denied market-economy status to 13 Chinese footwear makers, clearing the way for EU anti-dumping duties on Chinese imports.
The move will make it harder for Chinese importers to argue they are selling goods at a true market price and not for less than the cost of manufacturing them, an accusation that was put forward by European shoemakers in summer last year.
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