China Accuses US of Dumping Subsidized SUVs into Chinese Market

YOUR BAIL OUT AT WORK.   US dumps cars in Chinese market PDF Print E-mail
BEIJING, April 3 (APP): China’s Ministry of Commerce (MOC) has said that the United States has dumped sedans and sport utility vehicles with engines bigger than 2.5 liters of displacement in the Chinese market.
The manufacturers of the automobiles received subsidies from the U.S. government, thereby harming China’s automotive industry, the ministry said in a statement on its website.
The announcement may be followed by a ruling on anti-dumping and anti-subsidy duties once China completes its investigation.

http://ftpapp.app.com.pk/en_/index.php?option=com_content&task=view&id=135554&Itemid=2

The preliminary ruling said the dumping margins by the American companies ranged from 2 percent to 21.5 percent.

The statement also listed the dumping margins for U.S. companies, such as 9.9 percent with General Motors LLC and 8.8 percent with Chrysler Group LLC.

The ruling said subsidy rates for cars imported from the U.S. ranged from 6.2 percent to 12.9 percent.

http://news.xinhuanet.com/english2010/china/2011-04/02/c_13810903.htm

http://www.chinadaily.com.cn/china/2011-04/04/content_12271982.htm

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