Philips Supports China's Energy Saving Light Bulb Enterprise. Check it out:
(SinoCast China Business Daily News Via Thomson Dialog NewsEdge) SHANGHAI, September 28, SinoCast -- Philips, the number one in global lighting market, is on the side of China while EU is conducting anti-dumping investigation to China??s energy saving light bulbs enterprises.
As early as 2000, Philips had united the other two energy saving light bulb giants in Europe, to accuse Chinese enterprises of coming into European market by means of unusually low prices. As a result, Chinese energy saving light bulb enterprises was imposed 59.1% to 66.1% anti-dumping taxes from July 2001 to July 2006.
This time, Philips has taken sides with China. According to Pieter de Haan, general manager of East Asia Region of Philips, China is the largest maker as well as a large consuming market of energy saving light bulbs in the world. The products of Chinese enterprises are not in direct competition with those high-end products manufactured by European countries. That is why Philips thinks it??s of no necessity to conduct anti-dumping investigation to China.
Copyright 2006 SinoCast LLC Source: Financial Times Information Limited -
Technorati
Del.icio.us
Slashdot
Digg
