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China rules some imported cars subsidized

05-06-2011 10:15 BJT

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China's Commerce Ministry has announced the final result of its anti-subsidy and anti-dumping investigation, into imported cars and SUVs from the US. It has ruled that some have been subsidized.

The ministry says during the investigation period, it found the vehicles from the US were subsidized and dumped in China, which in turn hurt the Chinese auto industry. The investigation was first launched in September 2009, and the ministry released its preliminary ruling on April 2nd. It says dumping and subsidies do exist, and that has caused injury to China's domestic industry. The ministry says it won't take measures at present.

Editor:Xiong Qu |Source: CNTV.CN

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