China adjusts duties on US chicken imports

China's Ministry of Commerce announced on Tuesday that a re-investigation of U.S. white-feathered broiler products found evidence of dumping and subsidization that caused substantial harm to the local industry.

In a statement on its website, the ministry said it will adjust the anti-dumping and anti-subsidy duties on the imports starting on Wednesday. They will range from 46.6 percent to 73.8 percent, and 4 percent to 4.2 percent, respectively.

Previously, the anti-dumping and anti-subsidy duties were set at up to 105.4 percent and 30.3 percent, respectively.

The decision was a result of a re-investigation launched last December in response to a World Trade Organization (WTO) report that claimed China had violated certain rules on the issue.

In September last year, the WTO Dispute Settlement Body adopted a panel report supporting China's arguments regarding determination of domestic industry and trade level differences.

But it also upheld the U.S. claims that China acted inconsistently with articles of the Anti-Dumping Agreement in conducting the investigations as well as in the calculation of the anti-dumping and countervailing duties.