Ottawa, September 1, 2004...The Canada Border Services Agency (CBSA) announced today that its anti-dumping re-investigation concerning bicycles and frames from Chinese Taipei (Taiwan) and the People's Republic of China concluded yesterday.
The CBSA carried out a comprehensive investigation of the Chinese bicycle industry and conducted verification visits at the premises of Chinese exporters. The CBSA found no evidence to demonstrate that pricing of the bicycles and frames is substantially controlled by the government.
As a result, the Chinese exporters investigated will now be able to sell to Canada at lower prices without being subject to anti-dumping duty. However, the CBSA will continue to collect anti-dumping duty if the selling price to Canada is below the minimum prices established as a result of this review.
Dumping occurs when goods are sold to importers in Canada at prices that are lower than the selling price of comparable goods in the country of export or when goods are sold to Canada at unprofitable prices.
The CBSA will continue to enforce Canadian legislation in a consistent and impartial manner.
A backgrounder providing additional information is attached.
-30-