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Business / Economy

Bulldozer ‘dumping’ investigated

By Mu Chen (chinadaily.com.cn) Updated: 2014-07-14 15:35

Imports of track-type bulldozers from China are under investigation by the Eurasian Economic Commission (EEC) for dumping.

The EEC, the regulatory body of the Customs Union of Belarus, Kazakhstan and Russia, said total imports to member states of track-type bulldozers with a capacity of up to 250 horsepower increased by 16.7 percent between 2011 and 2013. During the same period, imports from China increased by 57.3 percent.

Under pressure of dumped imports, production volume of bulldozers in member states decreased by 32.5 percent, volume of sales on the domestic market fell by 29.6 percent and market share decreased by 11 percent, the ECC said.

Bulldozer ‘dumping’ investigated

Bulldozer ‘dumping’ investigated

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