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Trade war

China probe raises shield for domestic precision tool makers

Japanese and Taiwanese industry leaders embroiled in trade war as US exports fall

Fanuc is among several Japanese and Taiwanese machine tool makers facing dumping allegations from Chinese rivals, who are suffering a drop in exports amid the U.S.-China trade war. (Photo by Masahi Isawa)

BEIJING -- China's Ministry of Commerce began questioning six Japanese and Taiwanese machine tool makers on Friday as part of an investigation into allegations of dumping, a probe that stands to benefit mainland competitors bruised by the U.S. trade war.

The ministry selected the top three companies by export volume from both Japan and Taiwan for sampling. Fanuc, Brother Industries and Makino Milling Machine from Japan as well as Yeong Chin Machinery Industries, She Hong Industrial and Hurco Manufacturing from Taiwan were named in an official release Tuesday.

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