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"Yao Ming Ribbon" To Win The Claim, The United States Is Also Innocent.

2010/7/16 10:08:00 38

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On the morning of 14, the reporter received a text message, saying: "

Anti-dumping

The final tax rate is zero, and the countervailing final tax rate is 1.56%. Yao Ming's ribbon is nearly perfect.

The sender is Yao Ming, chairman of Xiamen Yao Ming ribbon Jewelry Co. Ltd., the head of the world's largest manufacturer of polyester ribbons, ribbon printing and ribbon decorations.

Washington time July 13th, the United States

Ministry of Commerce

The final ruling finally settled the dusty survey of a narrow ribbon woven across China for a year.

As the only respondent enterprise in mainland China, Xiamen Yao Ming ribbon Jewelry Co., Ltd., "almost perfect win", has basically won the exclusive admission ticket to enter the US market.

Other Chinese Ribbon enterprises had to face up to 123.83% or 247.65% of anti-dumping duty because they did not respond to the lawsuit. In addition to countervailing measures, another Changtai forced textile company, which was forced to respond, was forced to accept 117.95% punitive countervailing duties without responding to the lawsuit. The remaining counterparts who had not been prosecuted were able to enjoy the same anti-dumping duties as 1.56% of the Yao Ming ribbon.

In July 9, 2009, Lion Ribbon Company, a 65 year old Pennsylvania BERWICKOFFRAY company and its wholly-owned subsidiary, applied to the US Department of Commerce for an anti-dumping investigation on China's narrow ribbon.

In July 23rd of that year, the US Department of Commerce launched the first "double reverse" survey of Chinese textiles and the first trade remedy measure taken by the United States to Chinese textiles in the post quota era.

Xiamen Yao Ming ribbon Jewelry Co., Ltd. is the first to take the lead in China's export industry.

"There is no dumping and subsidy production in our enterprises. Why should such a hat be buckled?" Yao Ming was not convinced. He said that it is more important to fight for a clean statement.

After repeated careful consideration, Xiamen Yao Ming ribbon ornaments Co., Ltd. decided to respond to the complaint within one week after receiving the "double reverse" investigation notice.

Yao Ming

A special appropriation of 2 million yuan as a special fund for litigation and the establishment of a response team has begun a long and arduous response.

In February 6th this year, the US Department of Commerce made a preliminary anti-dumping decision. In two Chinese compulsory respondent textile enterprises, the Xiamen Yao Ming Ribbon Ornament Co., Ltd., which was actively responding, became the only enterprise in China with zero tax rate.