JAPAN - The Japanese government intends to loosen its rules on anti-dumping duties to better protect industries such as steel and chemicals, which are susceptible to floods of cheap imports from China and elsewhere.
CHINA – THE contagion caused by China’s economic slowdown is spreading to businesses around the world, with business confidence and expectations for revenue and exports down, not just in China’s near neighbours, but in several major economies which count on the world’s second biggest economy as a major trading partner.
THAILAND - The US Department of Commerce has determined that Thailand’s K. International Packaging Co Ltd is exporting plastic shopping bags to the US at less than normal value, according to a preliminary finding by the International Trade Administration (ITA).
VIETNAM/INDIA – Plastic manufacturers in India are looking for opportunities to increase their market fast-growing Vietnam, according to the Plastics Export Council of India (PLEXCONCIL).
VIETNAM – The new import tax rate on polypropylene in Vietnam will be 1% from March 2016, down two-thirds from the previous 3% tax rate.
CHINA/INDONESIA/USA – Duties to offset subsidies could result in Chinese and Indonesian paper imports into the US costing more than twice as much, according to initial estimates by the US Department of Commerce (DoC).
Packaging Supply Chain news from the Asia Pacific
