The first 8 months of investigation were 79 cases of trade friction with the increase in emerging markets – trade, economic – the machine tool industry
The end of this year, China may overtake Germany as the world's largest exporter. However, the cost of boarding the throne is that Chinese companies must face more and more frequent cross-border charges. Reporter learned yesterday from the Ministry of Commerce, from January to August this year, foreign trade remedy investigations involving China, the amount already exceeded 10 billion U.S. dollars, while China's foreign trade with the recovery, this number could be refreshed at a faster pace.
From the Commerce Department's latest data show that from January to August this year, a total of 17 countries and regions since China launched 79 trade remedy investigations, involving a total of about 10.035 billion U.S. dollars, up respectively 16.2% and 121.2%. U.S. President Barack Obama on September 11 decision is sparked on trade protectionism "resurgence" of concern. According to this decision, the U.S. imports from China of all cars and light truck tires the three-year punitive tariffs. Affected by this new "threat" come one after another. United States Steel Corporation has submitted to the U.S. Department of Commerce an application requires a number of steel pipe imported from China, impose 60% or higher and 15% anti-dumping duties to 30% countervailing duty. These steel products are mainly used in petrochemical, refinery and related operations of imported steel pipes. Argentina's government has said it would refer to the practice in Brazil, originating in China's automobile tire anti-dumping investigation. By then, the cars produced in China may impose anti-dumping duty tires.
"As the global economic downturn led to the rise of trade protectionism, more and more countries are launching investigations against China trade." Shanghai WTO Affairs Consultation Center Director Gong Baihua forecast information, the number of first half of 2009 compared to 2007 on the investigation half a year almost doubled, suggesting that 2010 will be a wave of new wave of protectionism.
May come to more trade friction, many industries have already start preparing. "We plan to strengthen the open multi-market, increase exports to avoid possible risks." Hangzhou Zhongce tire staff told reporters, to set up plants in Southeast Asia, in driving the textile, fabric exports, while upstream, bypassing trade barriers have become popular textile industry tactics.
However, the Ministry of Commerce Institute official said, in the long run, only the changes "in China" growth to fundamentally resolve the ongoing trade dispute, which relates to China's sustainable economic development. Meanwhile, the Commerce Department that it will play a "four-body interaction" mechanism of effect, positive synergy Association, local competent commercial departments, enterprises, and properly handle trade friction, choose a good representative, a high dependence on international markets, product vulnerability impact of international trade friction industry, from associations, chambers of commerce and other trade organizations take the lead in building "trade warning demonstration", forming an early warning network.
I am a professional writer from China Suppliers, which contains a great deal of information about $keyword_li, welcome to visit!
Processing your request, Please wait....
