BRUSSELS—The European Union is poised to extend for a further five years anti-dumping duties on Chinese bicycles on the basis that input costs are distorted by state intervention and that any lifting of measures would lead to a flood of imports.
The European Commission has completed a review of whether such measures are still warranted and concluded that they are, according to a document seen by Reuters. Assuming EU governments do not oppose this finding, tariffs will be rolled over for a further five years.
