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Oct 30, 2008

Brazil accused the Chinese of dumping tires require an anti-dumping investigation

Brazil national tire industry associations responsible for a large number of Chinese enterprises exporting to Brazil tires, constitute dumping. According to the Chamber of Commerce statistics, China imported tire market in Brazil than 250 percent increase over the same period last year, import prices are equal to only local tire prices of raw materials. Tire Chamber of Commerce asked the Brazilian government against Chinese imports of tires to take trade protection measures and to carry out anti-dumping investigation.

Brazil Chamber of Commerce said the tire industry: in the first half of this year, Brazil imported from China 700,000 new tires, the same period last year was only 200,000, a large number of Chinese tires into the tire industry in Brazil have a serious impact.

Brazil Brazil is the tire industry has always been vulnerable industries. Tire Industry Association said the tire industry to Brazil increased investment in 2006 to 2008 period will be 3.0 billion investment in real productive capacity expansion and enhancement of competitiveness.

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