China International Marine Containers Ltd. (CIMC) has won a lawsuit against US anti-dumping and anti-subsidy investigations.
The US International Trade Commission made a final decision on the year-long case, affirming its domestic industry is not threatened with material injury because of imported Chinese inland dry containers.
The decision means the US is not allowed to levy tarrifs against Chinese cargo containers of this kind.
Zhang Baoqing, vice president of the company says the 53-foot containers are popular in North America, but are totally different from typical US containers.
"The original US products are made of aluminum, while our Chinese products are made of steel. One advantage of steel-made containers lies in the low maintenance cost. Our products are totally different from the original U.S. ones. Ours have good performance and low maintenance costs. So they are popular among customers."
The lawsuit is the first of its kind to be won by a chinese company this year.
Wang Yu, the company's chief legal adviser, says winning such a lawsuit is of great importance to the entire industry.
"We think we have won the case for the whole industry, which enables us to stand firmer when confronting such international disputes, even to face international trade frictions at a national level. I think it has improved our abilities to resolve international trade disputes, including how to make quick responses and rapidly organize internal and external resources."
The Chinese company would have had to pay 180 million US dollars if the US International Trade Commission found its domestic industry was threatened with material injury by Chinese products.
