Briefly
Anti-dumping duties on Australian wines
China on Friday said that it will impose temporary anti-dumping duties of more than 100 percent on Australian wine imports. Domestic companies have faced substantial damages due to the dumping of the products, the Ministry of Commerce said in a preliminary ruling posted on its website. Starting Saturday, importers of Australian wine will be required to pay deposits ranging from 107.1 percent to 212.1 percent, the ministry said. After receiving requests from domestic companies, the ministry launched anti-dumping investigations into the imported products, said a statement from the ministry on Aug 18.
Bicycle exports surge as cycling demand up