China's extension of anti dumping duties on imported potato starch for five years is a measure based on relevant laws, regulations and the results of anti dumping investigations.
Background of anti dumping measures
When imported potato starch is sold at dumped prices in the Chinese market, it may cause harm to the domestic potato starch industry. Dumped imports are often sold at prices lower than their normal value in the exporting country, which can lead to unfair competition for domestic producers.
The original imposition of anti dumping duties was aimed at leveling the playing field, protecting the legitimate rights and interests of domestic potato starch producers, and ensuring the healthy development of the domestic industry.
Renewal considerations
The five year renewal is likely due to a re evaluation of the situation. If the dumping situation still persists or there is a threat of recurrence, and the domestic industry continues to need protection, extending the anti dumping duties is a reasonable choice. This helps to maintain the stability and competitiveness of the domestic potato starch market, support domestic producers in terms of production, employment, and industry upgrading.
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