China Knowledge reported that China Ministry of Commerce announced will levy anti-dumping and countervailing duties on US made sedans and sports utility vehicles each with emission of more than 2.5 litres from with duration of two years.

In a statement, the ministry said it will impose anti-dumping duties and countervailing duties on General Motors Co with tax rate of 8.9% and 12.9%, respectively. Tax rate of anti-dumping duties and countervailing duties on Chrysler Group LLC will be 8.8% and 6.2% respectively.

China will also levy anti dumping duties on Mercedes-Benz US International Inc and US based BMW Manufacturing LLC with tax rate of 2.7% and 2.0% respectively. No countervailing duties are imposed on the two German companies.

According to statistics released by the US Commerce Department in 2010, the US exported USD 3.5 billion worth of vehicles to China and the amount increased to USD 4.2 billion in the first ten months of 2011.

GM expects to sell about 11,000 SUVs and large cars including the Buick Enclave, the Cadillac CTS and the Escalade to China this year.

Chrysler, controlled by Italy Fiat SpA said in June that it aims to sell 40,000 autos in China this year.

(Sourced from China Knowledge)