Construction and quarrying equipment giant JCB today welcomed the news that UK government investigations are underway into the alleged dumping of subsidised Chinese excavators onto the UK market.
In recent years, Chinese manufacturers, heavily subsidised by the state, have increasingly targeted the UK market with cut-price excavators.
Following complaints, the UK Trade Remedies Authority (the TRA) has launched anti-dumping and anti-subsidy investigations into imports from China of tracked excavators of at least 11 tonnes into the UK.
“We welcome these investigations by the Trade Remedies Authority," said JCB chief executive Graeme Macdonald. "There is clear evidence of unfair competitive practices in relation to aggressive and subsidised pricing of tracked excavators imported from China.
“We want to see a swift and clear resolution to this urgent matter so that a competitive level playing field is restored for all UK-based manufacturers who invest heavily in the development of world-leading products.”
The investigations by the UK TRA were launched yesterday with the publication of notices of initiating the anti-dumping (case AD0047) and anti-subsidy (case AS0046) investigations.
