🚀 China has just launched an anti-dumping investigation into halogenated butyl rubber imported from Canada, Japan, and India. This may sound technical, but it's a big deal in international trade! 🌐
The Ministry of Commerce announced that after reviewing materials from Zhejiang Cenway New Materials Co., Ltd., they decided to dive into whether these countries are selling this special rubber at unfairly low prices in China.
So, what's halogenated butyl rubber? It's a type of rubber used in all sorts of cool stuff like airtight layers of tubeless tires (think speedy cars! 🏎️), heat-resistant inner tubes, medicine bottle stoppers, shockproof pads, adhesives, and sealing materials.
The investigation will look at imports from January 1, 2023, to December 31, 2023, and see if they've harmed China's rubber industry from January 1, 2021, to December 31, 2023.
Interested parties have until 20 days from Saturday, September 14, to sign up with the Trade Remedy and Investigation Bureau and get involved. Don't miss out! 🕒
The whole process is expected to wrap up before September 14, 2025, but if things get complicated, it might extend by another six months. Stay tuned! ⏳
Reference(s):
cgtn.com
