88 trade remedy investigations in China in the first three quarters

The current trend of rising trade protectionism in the international arena has caused China, the world’s third trading entity and the second largest exporter, to suffer.
Yao Jian, spokesman of the Ministry of Commerce, said at the "2009 China International Trade Association and International Trade Development Forum" held in Tianjin on the 7th that after the international financial crisis, some countries and regions have proposed to expand by expanding domestic demand. Exports to promote the rapid recovery of the economy, even through the substantial depreciation of the local currency, increase various forms of subsidies and other means to improve the competitiveness of domestic products, resulting in further protection of trade protectionism. "China is therefore deeply hurt." Yao Jian said.
He introduced that currently 35% of global anti-dumping investigations and 71% of countervailing investigations target Chinese exports. In the first three quarters of this year, 19 countries initiated 88 trade remedy investigations on Chinese products (including 57 anti-dumping, 9 anti-subsidies, 15 safeguard measures, and 7 special safeguards), involving a total of 10.2 billion US dollars, an increase of 29% over the same period of last year. % and 125%.
"Especially in the United States, trade friction with China is increasing," Yao Jian said. Statistics show that from January to September this year, the United States launched 14 trade remedy investigations against China. Although the number dropped by 6% year-on-year, the total amount involved reached US$5.84 billion, a sharp increase of 639% year-on-year. Moreover, in September of this year, the US Consumer Product Safety Commission recalled 15 products from 7 countries and regions, of which Chinese products were recalled 6 times, accounting for 40% of the total number of recalled products, ranking first. Yao Jian said that trade protectionism will seriously affect the international trade environment and greatly weaken the effects of a series of rescue measures taken by countries in response to the international financial crisis and hinder economic recovery.
Relevant knowledge: What is a trade remedy investigation? The trade remedy investigation is a process of assessing the scale of exports of the country or the industry or the respondent to the same industry in the country and the loss and damage suffered by the sanctions. It is a process of responding to anti-dumping response investigations and collecting evidence and developing mutual assistance.
The Trade Relief Survey is a general term for anti-dumping cases, safeguard measures, and special protection cases for other Chinese companies or industries to export products. In 2009, the United States initiated 11 investigations on 337 of my exports, involving a total amount of $2.75 billion. Foreign trade barriers, import restrictions, abuse of trade remedy investigations and other trade barriers have further affected China's foreign trade and trade, and the international trade and investment environment faced by Chinese companies is not optimistic.
The investigation is conducted by the state in response to the application of the same industry manufacturer in the same country, and the investigation into the dumping behavior of similar goods imported into other countries by other countries does damage the interests of the country, causing unfair competition or causing market imbalances. The dumping behavior is established and the state will Punitive tariffs are imposed on this commodity, and punitive measures such as restrictions or import bans are imposed to protect national interests. The implementation of trade remedy investigations on China's export commodities by other countries will inevitably affect the reputation and price of export commodities, which will have a great impact on the domestic industry. Therefore, the state will encourage enterprises to respond actively and will be in fiscal, legal and policy. Provide support and help in other areas.

Other Key Chain

Rotatable Metal Keychain,Metal Key Tag,3D Metal Key Chain

KCosmetic mirror Co., Ltd. , http://www.nsmetalwares.com