Sat, Mar 18, 2006 - Page 1 News List

Chinese towel imports disruptive, commission finds

WIPED OUT Taiwan's International Trade Commission ruled that safeguard measures may be needed to protect domestic towel makers

By Jessie Ho  /  STAFF REPORTER

The deteriorating sales also drove down local producers' sales prices, production, utility rates, number of employees and market share, which has caused injury to the local industry, the commission said.

By contrast, the market share of Chinese products has expanded significantly, from 45.5 percent in 2002 to 70 percent in the first three quarters of last year, when Taiwanese products only captured 8.2 percent of the market, the commission said.Chinese towel manufacturers are dumping in Taiwan by selling their products

at abnormally low values here to undercut local products, said Huang

Chi-huei (黃智輝), executive secretary of the commission.

Chinese towels were priced at NT$73.06 per kilogram lower than the same

items made by Taiwanese companies in 2002, and the difference widened to

NT$83.59 in 2003 and NT$93.2 in 2004, Huang said, citing commission figures.

Additional reporting by Jackie Lin

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