EU's anti-dumping tariffs 'unfair'

BEIJING - The European Union's (EU) move to levy tariffs against Chinese-made coated fine paper is against the principles of the World Trade Organization (WTO) and Beijing should take the EU to task to safeguard the interest of Chinese enterprises, experts said on Sunday.

The EU announced on Saturday its first-ever anti-subsidy and anti-dumping duties on Chinese coated fine paper. The paper is used in the production of high-quality brochures and magazines. The bloc said it will charge duties ranging from 4 to 12 percent for five years as an anti-subsidy tariff.

The EU also applied separate five-year anti-dumping levies ranging from 8 to 35.1 percent on imports of coated fine paper from China.