China hikes anti-dumping duties on US optical fibre seven fold to 33.3%

The optical fibre affected is widely used for high-speed and long-distance transmission in the telecommunications industry

US China
US China
IANS Beijing
Last Updated : Jul 10 2018 | 9:34 PM IST

China's Ministry of Commerce (MOC) announced on Tuesday that it will raise the anti-dumping duties on imported optical fibre from the US.

The new anti-dumping duty rates, effective from Wednesday, will range from 33.3 per cent to 78.2 per cent, up from a previous range of 4.7 per cent to 18.6 per cent, the MOC said on its website.

China started to impose anti-dumping duties on dispersion unshifted single-mode optical fibre imported from the US and the EU from April 2011 for five years after a probe discovered their previous dumping practices, Xinhua news agency reported.

In April 2017, the MOC decided to impose the duties on optical fibre for another five years. In August 2017, the MOC decided to review the margin of dumping from US companies, after domestic companies filed an application claiming that US companies had increased their dumping margin.

The optical fibre affected is widely used for high-speed and long-distance transmission in the telecommunications industry.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 10 2018 | 9:34 PM IST

Next Story