EUANTI-DUMPING DUTIES CHINA SHOE EXPORTS – EUROPEAN COMMISSION
February 1st, 2006
BY ALAN OSBORN
European Commission officials confirmed today (Monday) that anti-dumping duties of around 20% on leather shoes from China and other Asian countries will be proposed this week. The move follows close monitoring by Brussels of sales from China and Vietnam over the past 12 months which found there was an average subsidy of 8.5 Euros per pair of shoes. According to the Commission the subsidy meant that China was selling shoes at below production costs so that Chinese sales rose seven-fold in the first quarter of 2005 after WTO trade restrictions ran ...
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