Beijing, April 19: China is set to impose temporary anti-dumping measures on imports of synthetic rubber from the US, the EU and Singapore, the Ministry of Commerce said on Thursday.
The statement said that a Ministry investigation that began in August concluded that US, European and Singaporean vendors of synthetic rubber had set a price 26-66.5 per cent below the cost value, which amounted to dumping, Efe news reported.
"In response to the application of domestic halogenated butyl rubber industry, the Ministry of Commerce issued an announcement on August 30, deciding to initiate an anti-dumping investigation," the Chinese Ministry said in the statement.
In order to prevent losses to the domestic sector, the Ministry said it decided to impose a tariff on the import of the product, which would vary according to the level of dumping carried out by each company.
The measure, which will come into effect on Friday, is the first of its kind on the product, although it could be followed by other announcements.
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RJD surprise element in J’khand polls, party candidates leading in 5 of 6 assembly seats
Ranchi(PTI): The Rashtriya Janata Dal (RJD) has emerged as a surprise element in the Jharkhand assembly elections with its candidates leading in five of the six seats where the party is contesting, according to trends available on the Election Commission's website on Saturday.
RJD candidates in five assembly seats were leading over sitting BJP legislators.
In 2019, RJD had secured only the Chatra seat where its nominee Satyanand Bhokta won.
In Deoghar, RJD’s Suresh Paswan was leading by 19,581 votes over his nearest rival and BJP's sitting MLA Narayan Das after the third round of counting.
RJD’s Sanjay Prasad Yadav was ahead by 19,867 votes in Godda over BJP MLA Amit Kumar Mandal after the sixth round of counting.
In Koderma, RJD nominee Subhash Prasad Yadav, who was out on bail, was leading by a margin of 3,471 votes over BJP’s sitting legislator Neera Yadav.
Subhas Prasad Yadav, considered to be one of the close aides of RJD supremo Lalu Prasad, was recently granted bail by the Supreme Court in a money laundering case.
Party’s Naresh Prasad Singh was leading by 5,159 votes after the fourth round of counting over BJP’s Bishrampur MLA Ramchandra Chandravanshi.
RJD's Sanjay Kumar Singh Yadav was also leading from Hussainabad by 8,213 votes after the fourth round of counting over BJP MLA Kamlesh Kumar Singh.
Party’s candidate Rashmi Prakash, however, was trailing from Chatra by 3,776 votes.
Bhokta did not contest the elections this time, and his daughter-in-law Prakash was given a ticket.
