CHINA TO IMPOSE ANTI-DUMPING DUTIES ON EU CHEMICALS AS NATION WORKS TO AVOID SOLAR TARIFFS
China announced last week that it would impose duties of up to 37 percent on toluidine--a chemical used to produce dye, medicine, and pesticides--imported from the European Union. The duty will run for five years and accompanies an announcement that China may look into complaints about luxury cars imported from the EU. The move follows a months-long trade battle between China and the EU on solar panels in which each side has accused the other of engaging in unfair practices. EU imposed a $15 billion duty on China, and China followed suit with duties of its own. However, Chinese companies are now planning to move manufacturing abroad to avoid import taxes by shipping from South Africa, Saudi Arabia, or Turkey. For the full story, see http://uk.reuters.com/article/2013/06/27/us-china-eu-anti-dumping-idUKBRE95Q06320130627 and http://www.smh.com.au/business/carbon-economy/china-solar-firms-to-dodge-eu-duties-20130625-2otng.html. Earlier: http://elr.info/international/international-update/eu-and-china-try-avoid-solar-trade-war, http://elr.info/international/international-update/eu-impose-duties-chinese-panels, http://elr.info/international/international-update/china-may-set-anti-dumping-duties-polysilicon-if-eu-sets-duties.