Chinese Cos. Shipped Via Malaysia To Skip Duties, EU Finds

Law360, New York (July 24, 2012, 5:42 PM EDT) -- The European Union extended anti-dumping duties on Chinese fiberglass products to Malaysia on Tuesday after finding that Chinese exporters had been shipping through the Southeast Asian country to avoid the duties.

The Chinese firms sent their goods through Malaysia, or trans-shipped them, to dodge a 62 percent duty imposed last year on open-mesh fabrics of glass fiber, the EU said. The material is used for reinforcing wall and roof construction as well as for insulation.

“The definitive anti-dumping duty imposed on imports of certain open-mesh fabrics...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.