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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Online fraud: Hotel chef from Udupi cheated of over Rs 1 lakh by WhatsApp contact
Udupi: Udupi City Police have registered a case of online fraud after a 62-year-old hotel chef was allegedly cheated of Rs 1.13 lakh by a woman who befriended him on WhatsApp, claiming to be based in London.
The victim, identified as Pandu Kariappa Poojary, a resident of Kuthpadi in Udupi, was working at a hotel in Mangaluru.
He reportedly came into contact with a woman identifying herself as Emilda William on WhatsApp. During their interactions, she told Poojary that she planned to start a cosmetics and hotel business in India and would meet him during a visit to Mangaluru.
On April 7, Emilda sent Poojary a flight ticket from London to Delhi via WhatsApp. The following day, Poojary received a phone call from a woman who informed him that Emilda had arrived at Delhi airport carrying a demand draft worth Rs 5 crore along with other items. The caller allegedly asked him to pay Rs 70,000.
Subsequently, Poojary also received a call from Emilda, who was reportedly crying and spoke about the situation. Believing the claims, he transferred a total of Rs 1,13,300 in phases using a scanner. He later realised that he had been cheated.
