The story appears on

Page A3

October 13, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Finance

China condemns EU ruling on imports

CHINA said yesterday that the European Union’s new trade rules against Chinese imports lacked awareness of World Trade Organization rules, urging the EU to abide by those requirements.

The EU’s new anti-dumping rules that grant separate treatment for imports under “significant market distortions” are not in compliance with WTO obligations, Ministry of Commerce spokesman Gao Feng said at a regular briefing in Beijing.

The concept of “significant market distortions” is not stated in the anti-dumping rules of the WTO, Gao said.

The move is thus groundless and will harm the effectiveness of the WTO anti-dumping legal system, as it adds uncertainty to the rules’ applications, Gao added.

The EU agreed to new rules last week in Strasbourg on new investigation methods for anti-dumping, which introduced “significant market distortions” other than the “analogue country methodology” when calculating dumping margins.

The informal agreement was due to be put to a vote in the international trade committee yesterday.

When asked about the United States deferring a decision on anti-dumping tariffs on imports of Chinese aluminum foil and China’s non-market economy status, Gao said the phrase non-market economy showed “Cold War” thinking.

The concept of non-market economy countries does not exist in WTO rules and has only been adopted by some of the organization’s individual members, Gao said, adding that the concept of “non-market economy country” also does not exist in WTO rules.




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend