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ECONOMY
Weekly Watch> WEEKLY WATCH NO. 40, 2010> ECONOMY
UPDATED: September 29, 2010 NO. 40 OCTOBER 7, 2010
Additives Dumping
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China's Ministry of Commerce (MOC) announced on September 21 that it will impose five-year anti-dumping measures on food additives imported from Indonesia and Thailand.

Investigations found companies in Indonesia and Thailand had been dumping food additives on the Chinese market, causing substantial damage to Chinese manufacturers, said a statement on the website of the MOC.

The final ruling required importers of disodium 5'-inosinate, disodium 5'-guanylate and disodium 5'-ribonucleotide to pay anti-dumping tariffs starting September 24, the MOC said.

The statement also listed new tariff rates for products imported from the two Indonesian companies, PT. Cheil Jedang Indonesia and PT. Kirin Miwon Foods, at 6.3 percent and 6.9 percent, respectively, and a 4.8-percent rate for the Ajinomoto Co. (Thailand) Ltd.



 
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