Translated by Pang Lei
Dec 14, 2011
China will levy anti-dumping and anti-subsidy duties on vehicles imported from the U.S. with engine capacities of over 2.5 liters, according to an announcement that appeared on the official website of the country's Ministry of Commerce on Dec 14.
The measures will take effect Dec. 15 and last for two years.
The Ministry of Commerce says the new levies will apply to what it refers to as "saloon cars and cross-country cars," with engine sizes of over 2.5 liters.
The levy will vary according to different makes of automobiles, with anti-dumping duties ranging from a 2 percent for BMW's manufactured in the U.S. that meet the criteria, through to 8.9 percent levy added to the price of cars made by General Motors. Other cars that are not specifically mention by the ministry, will have an anti-dumping levy of 21.5 percent imposed.
According to the official announcement, anti-subsidy duties will range from 0 percent for cars manufactured by Mercedes-Benz U.S. International, Inc., BMW Manufacturing LLC, Honda of America Mfg., Inc.,American Honda Motor Co, Inc. and Ford Motor Company through to a levy of 12.9 percent for cars made by General Motors.
Other cars that are not specifically mention by the ministry, will also have an anti-subsidy levy of 12.9 percent imposed.
Links and Sources
MOFCOM: 商務(wù)部決定對自美國進口的部分汽車實施反傾銷和反補貼措施