China -  Chinese law firm

How is normal value determined?

The normal value can be determined by a comparable price of a similar product in the exporting market, or a comparable price of a similar product in a third country, or constructed while considering production cost plus an amount of general costs and profits. Although no express order of applicability is given in the Regulations as to the above three ways of normal value determination, it has become an accepted rule of practice to apply firstly the order of the export market price, secondly the third country price and thirdly a constructed price.

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