China will take temporary anti-dumping measures against styrene
butadiene rubber from April 16, according to a report issued
Tuesday by the Ministry of Commerce.
Importers of styrene butadiene rubber from Russia, the Republic of
Korea and Japan should pay cash deposits to Chinese customs
according to dumping profit margins laid down in the report.
China initiated an anti-dumping investigation with regard to
styrene butadiene rubber, a chemical raw material for tires and
other rubber products, produced in Russia, the ROK and Japan, on
March 19, 2002.
According to the final investigation and relevant Chinese
anti-dumping regulations, the Ministry of Commerce judged that
dumping did take place, the imports did cause substantial damage to
China's domestic industry and there was a causal relationship
between the dumping and the damage.
(Xinhua News Agency April 16, 2003)