China to re-examine duties on US chicken after WTO ruling
BEIJING (REUTERS) - China's Commerce Ministry said on Wednesday it will re-examine its decision to impose anti-dumping duties on US chicken broiler parts after the World Trade Organization ruled against Beijing in the four-year-old dispute.
US chicken exports to China have fallen by 90 per cent over the past four years, costing sellers an estimated US$1 billion (S$1.26 billion) , after China imposed high anti-dumping duties on the meat.
A WTO panel ruled in favour of a US complaint on Aug 2 and the WTO adopted the decision on Sept 25 without an appeal from China.
"The Commerce Ministry has decided, with effect from the release of this notice, to carry out another investigation in this case in accordance with the ruling and suggestion of the relevant report by the WTO experts group," the ministry said in a statement on its website (www.mofcom.gov.cn).