JCB has announced it welcomes the news that government investigations are underway into alleged dumping of ‘subsidised’ Chinese excavators in the UK market.
Following complaints, the UK Trade Remedies Authority (TRA) has launched anti-dumping and anti-subsidy investigations into imports from China of tracked excavators of at least 11-tonnes.
JCB CEO Graeme Macdonald said, “We welcome these investigations by the Trade Remedies Authority. 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.”