China Extends Anti-Dumping Duties on Indian Optical Fibre for Five More Years
Beijing will keep tariffs of 7.4% to 30.6% on single-mode optical fibre from Indian exporters after a sunset review, effective Friday.
BEIJING, Aug 13 (Reuters) - China will continue imposing anti-dumping duties on single-mode optical fibre imports from India for another five years starting on Friday, the commerce ministry said on Thursday.
The decision follows a sunset review initiated a year ago, which concluded that terminating the anti-dumping measures could lead to the continuation or recurrence of dumping and harm to China's domestic optical fibre industry.
The tax rates will remain unchanged from previous rulings, ranging between 7.4% and 30.6% across different Indian exporters, including Sterlite Technologies with 7.4% rate and Aksh Optifibre and Finolex Cables both get 30.6%.
China first implemented anti-dumping duties on Indian single-mode optical fibre in August 2014 and extended them for five years in 2020.
(Reporting by Shi Bu and Liz Lee; Editing by Christian Schmollinger)
