China's Ministry of Commerce said Wednesday it would extend an
anti-dumping investigation into a resin produced in Japan and
Taiwan Province for another three months till Sept. 6.
Sources with the ministry's Fair Trade Bureau put the complexity
of the case as the only reason for the protraction of final
judgement, but declined to give any information on
developments.
A preliminary judgment said imports of polybutylene
terephthalate resin, mainly used in automobile, instrument and
machine, lighting, electric appliance, textiles and
telecommunications products, had damaged mainland producers.
Domestic importers have been required to submit cash deposits to
the mainland customs authorities since March 22. If the preliminary
judgment is confirmed by the final investigation, importers will
forfeit their deposits to offset damages to domestic producers.
(Xinhua News Agency June 7, 2006)
