One year ago, the U.S. producers had requested that Commerce conduct administrative reviews of 198 Chinese furniture exporters.
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Implied throughout the article is that a man named Lawrence Yen, president of a Chinese furniture company, was the architect of some crafty plan to avoid U.S. duties.
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Evidence presented during the ITC proceeding indicates that certain petitioners have begun or are poised to begin importing from alternate sources should antidumping duties be imposed on Chinese furniture.
FORBES: Why Antidumping Duties On Chinese Furniture Don't Save U.S. Jobs
The Hong Kong auction, which will feature ink paintings, calligraphy and classical Chinese furniture, marks the first time a Chinese auction house will compete with Sotheby's and Christie's on their home turf.
As the article demonstrates, since the imposition of AD duties on Chinese furniture beginning in 2005, imports from Vietnam, Indonesia, and other countries not subject to the AD restrictions have emerged to fill the vacuum created by declining imports from China.
FORBES: Why Antidumping Duties On Chinese Furniture Don't Save U.S. Jobs
Saudi Arabia now sends students on scholarships to Chinese universities, and some rich Saudis, more used to shopping for Gucci in New York or London, are heading to once-obscure Chinese cities to buy furniture.
He said the private deals could allow U.S. furniture makers to favor certain Chinese firms over others and effectively set a price of entry into the market.
Last month (January 2013), the Commerce Department issued its preliminary determination in the 7th annual administrative review in the Furniture case, which includes a discussion about the Chinese companies reviewed in the proceeding.
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In the late 1990s Vaughan-Bassett invited one of the largest Chinese producers, Lacquer Craft, to its factory to videotape production of bedroom furniture so that it could produce bedroom furniture in China for Vaughan-Bassett to import and resell.
FORBES: Why Antidumping Duties On Chinese Furniture Don't Save U.S. Jobs
For example, the record shows that 20 of the 40 responding domestic producers imported Chinese merchandise during the period and that the 12 largest domestic producers of wooden bedroom furniture all imported reasonably substantial and increasing volumes of merchandise from China during the period of investigation.
FORBES: Why Antidumping Duties On Chinese Furniture Don't Save U.S. Jobs
This ETF gives access to the Chinese materials and commodities sector that would benefit from increased home building and the purchase of consumer appliances and furniture associated with it.
The furniture is minimal: There is a long dining table painted chartreuse and small, bright-blue Chinese peasant cloth pillows sit on two white couches.
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