--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Trade & Foreign Investment

Hot Links
China Development Gateway
Chinese Embassies

Chinese Furniture Facing High Duties in US

China's furniture industry could face its coldest winter if it failed to stop the United States proposed anti-dumping duties.

 

The US Department of Commerce has said it won't give the Chinese furniture industry "Market Oriented Industry" (MOI) status, Chinese furniture makers' last hope in overturning the anti-dumping duties.

 

In June the US announced anti-dumping duties on 1.2 billion US dollars worth of imported wooden bedroom furniture from China, ranging from 4.9 to 198 percent.

 

Chinese furniture makers negotiated with the visiting US Commerce officials in July and submitted the MOI application.

 

Since China does not have "Market Economy Status" granted by the US, the industry has to seek MOI status to prove that their products are not selling below cost.

 

No Chinese industry has gained their MOI status in the US, including the highly marketized furniture industry.

 

Now some furniture factories in China are facing bankruptcy due to shrinking overseas orders while waiting for a final determination from the US by December 20.

 

(CRI.com November 10, 2004)

Furniture Makers Seek MOI Status
US Alleges Furniture Dumping, Slaps Extra Duties
Protectionist Policy Won't Cure US' Ills
US Slaps Tariffs up to 198% on Chinese Furniture
US to Raise Tariffs on Chinese Furniture
Furnishing Market Hits Home
US Decision Harms Interests of Both Sides
US Trade Panel OKs Chinese Furniture Duties
Furniture Makers Face Up to US Dumping Charges
Furniture Dumping Charge Won't Succeed: Manufacturers
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688