China to adjust its anti-dumping duty on Indian antibiotics

China has decided to adjust its anti-dumping duties for antibiotics imported from India. This change on sulfamethoxazole (SMZ), will be levied from Friday. The decision was taken following a one-year mid-term review, which, the Chinese commerce ministry said, showed that Indian SMZ exporters had not stopped their dumping activities in the country, Xinhua reported.

The ministry said Thursday it would impose anti-dumping duty of 17.2 percent on Andhra Organics Ltd. and Virchow Laboratories Ltd., and fof 36.4 percent on other Indian SMZ exporters. In 2007, the ministry put anti-dumping duties at between 10.1 percent and 37.7 percent on the import of SMZ from India. The ministry launched the mid-term review Aug 17 last year after China's Shouguang Fukang Pharmaceutical Co. asked for an adjustment of tariff rates, as Indian SMZ producers increased their dumping efforts in China after the imposing of anti-dumping duties.

Source: IANS