The European Union has extended for a further five years anti-dumping duties on ...
BRUSSELS - The European Union has extended for a further five years anti-dumping duties on Chinese bicycles, the bloc said in its official journal on Thursday, after concluding that any lifting of measures would lead to a flood of imports.
The extended duties are the latest in a series of EU measures against Chinese exports ranging from solar panels to steel, which have sparked strong words from Beijing. The tariffs do not apply to Taiwan’s Giant , the world’s largest bicycle manufacturer, which has facilities in Taiwan, China and the Netherlands. The company won a case at the European Court challenging EU anti-dumping duties in 2017.
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