Overview   |    Products and Services    |    News   |    Forum   |    Chinese Steel Weekly   |    China Steel Report   |    Contact Us
  Chinese Steel Weekly
Chinese Steel Weekly-20170216
Chinese Steel Weekly-20170209
Chinese Steel Weekly-20170202
Chinese Steel Weekly-20170126
Chinese Steel Weekly-20170119
Chinese Steel Weekly-20170112
Chinese Steel Weekly-20170105
Chinese Steel Weekly-20160613
Chinese Steel Weekly-20160530
Chinese Steel Weekly-20160516
Chinese Steel Weekly-20160509
Chinese Steel Weekly-20160503
Chinese Steel Weekly-20160418
Chinese Steel Weekly-20160321
Chinese Steel Weekly-20160307
Chinese Steel Weekly-20160222
Chinese Steel Weekly-20160215
Chinese Steel Weekly-20160118
Chinese Steel Weekly-20160111
Chinese Steel Weekly-20160104
Chinese Steel Weekly-20151228
Chinese Steel Weekly-20151221
Chinese Steel Weekly-20151214
Chinese Steel Weekly-20151130
Chinese Steel Weekly-20151123
Chinese Steel Weekly-20151116
Chinese Steel Weekly-20151109
Chinese Steel Weekly-20150907
Chinese Steel Weekly-20150817
Chinese Steel Weekly-20150810
Chinese Steel Weekly-20150803
Chinese Steel Weekly-20150727
Chinese Steel Weekly-20150525
Chinese Steel Weekly-20150511
Chinese Steel Weekly-20150413
  > China Metallurgical Planning Net > Chinese Steel Weekly  
Chinese Steel Weekly-20170202


US urged to ease trade frictions


Ministry of Commerce calls for cutback on number of trade remedy probes

China has called on the United States to cut the number of trade remedy investigations on Chinese products, to reduce the chances for trade friction, the Ministry of Commerce said on Thursday.

The US launched 20 trade remedy investigations on Chinese products in 2016, up 81.8 percent on a year-on-year basis. Among these investigations, there were 11 anti-dumping and nine countervailing investigations

The amount of trade involved in the cases reached $3.7 billion, about 131 percent higher than the previous year.

The US recently announced several major findings on trade remedy investigations into Chinese products, including tires and stainless steel plates.

"Trade friction between China and the US is quite normal, as the trade volume between the two countries is significant," said Wang Hejun, head of the trade remedy and investigation bureau at the Ministry of Commerce.

The US will make final decisions on several trade remedy investigations concerning China this year.

"We have noticed that the rate of rulings on Chinese cases is abnormally high, and there are several practices that did not conform to the World Trade Organization rules, leading to strong objections from Chinese manufacturers in related industries," said Wang.

The US government has launched 265 trade remedy investigations on Chinese products including steel, glass, ceramics and photo voltaic products, worth $29.8 billion, since 1980.

Wang said China urged the US to implement trade remedy measures within the framework of WTO rules.

A total of 49 countries and regions have launched 1,745 investigation cases on trade remedies against China by the end of 2016, worth $126 billion.

Among these multi-billion-dollar cases, 1,392 were on anti-dumping and 117 on countervailing duties. There are 623 measures remaining active with estimated $62.1 billion amount of volume involved.

According to the WTO, China has become the biggest tar-get of anti-dumping investigation for 21 years, and of countervailing investigations for a decade.

Xue Rongjiu, deputy director of the Beijing-based China Society for WTO Studies, said that apart from the rising frequency of these cases, the situation will remain challenging and complicated because both the US and European Union are to or may soon experience dramatic changes in their political system, which will have a direct impact on their trade relations with China.

Last year was particularly tough, with frequent trade conflicts involving China. Twenty-seven countries and regions have filed 119 cases, up by 36.8 percent from 2015.

The total value involved in the cases surged 76 percent since 2015, topping $14.3 billion. It means that cases worth $100 million were filed against China every three days in 2016.


(Source: China Daily)

  [ Close ]
Inter-mail copyright © 2012beplay官网
Copyright © 2012-2015 China Metallurgical Industry Planning and Research Institute
Address: 46# Dongsixi Dajie, Dongcheng District, Beijing, China
Postcode: 100711 Telephone: 86-10-65256519 Fax: 86-10-65256519