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Argentina adopts anti-dumping measures against Chinese imports

07-23-2010 16:20 BJT

BUENOS AIRES, July 22 (Xinhua) -- The Argentine Industry Ministry said on Thursday that it has decided to impose anti-dumping duties on multi-functional food processors and polyester textiles for voile curtains imported from China.

It said it would levy 202.79 percent of anti-dumping duties on Chinese-made multi-functional food processors for five years.

It also set a minimum departure price for per kilogram of China's polyester textiles at 17.6 U.S. dollars. Importers who report lower prices to the customs are subject to anti-dumping duties. The measure is also valid for five years.

The Argentine Industry Ministry claimed that the country's national industry has suffered damage due to increased imports of certain products from China and Brazil.

Facing countless trade frictions with other countries, the Chinese government has repeatedly expressed strong opposition against trade protectionist measures, stressing that such measures would only impede the world's faltering economic recovery.

Editor:Du Xiaodan |Source: Xinhua

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