EU Probes Possible Chinese Evasion of Duties on Bicycles
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The European Union threatened to extend to Indonesia, Malaysia, Sri Lanka and Tunisia a duty on bicycles from China, saying Chinese exporters may have used the four nations to evade the levy and undercut EU bike producers.
The European Commission opened an inquiry into whether Chinese exporters shipped bicycles to the 27-nation EU via the four countries to avoid paying a 48.5 percent anti-dumping duty. The levy, in place for 19 years, is meant to punish Chinese exporters for selling bikes in Europe below cost.