Ningbo Bearing Industry Encountered Anti-Dumping Investigation from Ukraine
Resource from: CBCC Likes:2893
Sep 23,2009
The Ningbo bearing industry who has won in two anti-dumping lawsuits recently encountered another trade barrier: the related departments in Ukraine have started the anti-pumping investigation on the original Chinese ball bearings. The principal of HCH Bearing Group (China Huanchi Bearing Group Co., Ltd) which was involved in suggested that the group will actively answer the lawsuit.
It is reported that the Cross-Department International Trade Committee in Ukraine decided recently to originate the anti-dumping investigation on the imported ball bearings from China and other countries. The subject of the investigation is all the ball bearings that are originally produced in China. The time for the bearing enterprises to answer the lawsuit is 30 days. It is said that at present Two thirds of the imported bearings in Ukraine are originally from China, in which most are manufactured in Ningbo. Last year China has exported ball bearings which valued $ 3.54 million to Ukraine, in which one fifths were from Ningbo.
According the related person, the previous bearings in Ukraine market were mainly supplied by Russian enterprises. But in recent years, as the continuous expansion of new market, the Chinese bearings with high value have won in the competition with Russian bearings and the market share is increasingly growing. It is understood that the bearings which were exported to Ukraine from Ningbo are all ball bearings and the export enterprises are main distributed in Cixi. Several days ago, HCH Group has received the anti-dumping questionnaire from Ukraine. The principal of HCH Group said that the HCH bearings are exported to more than 60 countries and regions, in which the main market is Europe, Japan and India, etc. The anti-dumping investigation this time influences the export a little. But as Ukraine is a new export market with good potential, the Group will invite lawyers and answer the lawsuit. The first aim is to obtain the recognition from Ukraine to the economic position of the company.
It is learned that this is the third international lawsuit which has great impact for the Ningbo Bearing Industry after the bearing anti-dumping investigations of the USA and India.
(CBCC)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous SKF Will Attend 2010 World Expo in Shanghai
Next Output and Sales of Bearings in Henan Zhongzhou Group Have Greatly Increased in August
Next Output and Sales of Bearings in Henan Zhongzhou Group Have Greatly Increased in August
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
