In August the U.S. government announced in 2006 on China's wooden bedroom furniture final anti-dumping tax rate, to the 2006 Chinese wooden bedroom furniture manufacturers and exporters to impose 17.93% -216% of the final anti-dumping duties.
Reporters from the recently held 22nd International Furniture Fair in Guangzhou, China (hereinafter referred to as "home of the Guangzhou Fair") was informed that the United States "anti-dumping" big stick, Guangdong has some furniture manufacturers are "injured." As the prospects for the development of the industry there are many uncertainties, as well as increasing cost pressures, Guangdong, at least half of the investment in new plant and new equipment to suspend the project, one-third of the implementation of the project by half.
Cut off most of the wooden bedroom furniture exports to the U.S. on the road
It is understood that the verification of the U.S. anti-dumping include furniture manufacturers in the United States in 2004 against the implementation of the dumping of Chinese furniture, furniture exporters, while the other part of the recently into the U.S. market, the Chinese bedroom furniture manufacturers. U.S. Department of Commerce claims that the implementation of the anti-dumping investigation of the reasons is that Chinese bedroom furniture manufacturers and importers are dumping actions are unfair competition.
The survey is the second time the U.S. government for China's wooden bedroom furniture industry to take anti-dumping investigation. Furniture companies have been in the United States against China's bedroom furniture exporters in 2006 is the anti-dumping investigation of the main targets. Jiangsu major sub-groups of the 2004 anti-dumping tax rate of only 6.65 percent, and in 2006 the final anti-dumping tax rate rapidly increased to 17.93 percent. Another was the mandatory implementation of the anti-dumping investigation of Dongguan is the Teamway furniture company in 2004 of anti-dumping tax rate of only 6.65 percent, and in 2006 the final anti-dumping tax rate will rise to 19.93 percent. Furniture industry sources, the anti-dumping investigations in 2006 and another 25 in the company's final anti-dumping tax rate to 18.82 percent, of these 25 companies are not the company's U.S. factories. Other major new investigation into the U.S. market, the Chinese bedroom furniture, the U.S. government to take on these companies is as high as 198 percent of the designated tax rates, tax rates, also known as China's reunification.
Industry sources, the United States on Chinese furniture final anti-dumping, largely cut off most of the wooden bedroom Jiaju Shang exports to the United States on the road. In addition to a separate tax rate has been made with the United States or plaintiffs reached a settlement of nearly 60 companies, the average corporate tax rate to the United States can not continue selling wooden bedroom furniture.
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