Steel producers hit with huge US fees

0 CommentsPrint E-mail China Daily, November 7, 2009
Adjust font size:

Vice-Minister of Commerce Yi Xiaozhun on Friday sounded his "strong dissatisfaction" following an announcement from the United States that it will impose massive "anti-dumping" charges on steel pipes imported from China.

Beijing will make the issue of trade and investment protectionism an issue at next week's Asia-Pacific summit, he said.

"We resolutely oppose the abuse of protectionist measures," Yi said at a foreign ministry press conference on Friday organized in connection with President Hu Jintao's visit to Malaysia, Singapore and the Asia-Pacific Economic Cooperation (APEC) leaders' summit next week.

The US Commerce Department on Thursday slapped preliminary anti-dumping duties on Chinese-made steel pipes used in the oil and gas industry. It was the biggest US trade action against China to date, topping US President Barack Obama's earlier decision to put a 35 percent tariff on $1.85 billion of Chinese-made tires.

This time, the action will hit Chinese exports that were worth around $3.2 billion last year, Yi said.

The vice-minister of commerce said China will take "concrete measures" to protect the interests of Chinese enterprises and industries.

The vice-minister said protectionism was "persistently rampant" in the world at a time when the global economy is seeing signs of recovery from the economic recession.

He said China was one of the biggest victims of protectionist measures.

Yi added that Beijing will appeal to other members at the APEC summit for support in battling protectionism and for an open, fair and just international trade environment.

In the aftermath of the US decision, the commerce ministry announced it will launch an anti-dumping and anti-subsidies probe into certain types of US cars and off-road vehicles.

The Ministry of Commerce said on Friday the move followed concerns raised by domestic car producers.

The ruling in the US marks another big win for the United Steelworkers Union (USW), which lobbied in both the steel pipe case and the earlier tire case.

The USW was a major supporter of President Obama during last year's presidential campaign and the union is an important ally in his fight for healthcare reform.

The steel pipe anti-dumping case will impact more than 90 Chinese steel plants, many of them major employers, said Yi.

He complained that the US refusal to recognize China as a market economy means it applies double standards to China, instead of applying generally accepted World Trade Organization (WTO) rules.

"We hope the US will abide by the principles of free trade and non-discrimination in trade under the WTO in handling the issue (of recognizing China's market economy status), and resolve it as quickly as possible," Yi said.

The controversial US ruling comes one week before President Obama is set to make his first visit to China.

During the trip, Obama is expected to stress the need for the US and China to work together to help revive global economic growth and avoid protectionism.

"President Obama consistently labels such moves as efforts to safeguard the jobs of the country's steel workers and not as a protectionist action infringing WTO rules," said He Weiwen, a council member of the Chinese Societies for American Economy Studies. "Therefore, even high level talks between the two countries are unlikely to bring such US actions to an end."

More "protectionist actions" from the US are likely, He predicted.

"The anti-dumping ruling is unfair to Chinese producers who sold pipes in the US at a 20 percent premium to our domestic prices," said Li Liancang, an export manager at the state-owned Tianjin Pipe Group Co, in an interview with Bloomberg.

"Chinese exports to the US have almost stopped since the preliminary ruling in September," he added.

China's steel exports to the US fell by 73 percent in the first eight months of the year, the China Iron and Steel Association said last month.

 

PrintE-mail Bookmark and Share

Comments

No comments.

Add your comments...

  • Your Name Required
  • Your Comment
  • Comments are moderated and generally will be posted if they are on-topic and not abusive.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产第一区二区三区在线观看| 少妇被又大又粗又爽毛片 | 伊人222综合| 给我免费播放片在线中国| 国产乱码精品一区二区三区四川人 | 免费看黄色片子| 老太脱裤让老头玩ⅹxxxx| 国产午夜在线视频| 久久成人精品视频| 欧美性猛交xxxx乱大交丰满| 亚洲色无码国产精品网站可下载 | 中文字幕日韩丝袜一区| 日韩中文字幕在线不卡| 亚洲一区二区三区四区视频| 给我看播放片免费高清| 国产专区第一页| 麻豆国产AV丝袜白领传媒| 国产欧美日韩精品a在线观看| 香蕉网在线播放| 婷婷六月久久综合丁香76| 乡村大乱淫交换第一章| 爽新片xxxxxxx| 免费在线你懂的| 精品人妻VA出轨中文字幕| 又粗又硬又大又爽免费视频播放| 老阿姨哔哩哔哩b站肉片茄子芒果 老阿姨哔哩哔哩b站肉片茄子芒果 | 小荡货公共厕所| 一级毛片试看60分钟免费播放| 手机免费在线**| 中文字幕亚洲乱码熟女一区二区 | 124du在线观看| 国产精品无码无卡在线播放| 丁香花在线观看免费观看图片| 无套内射无矿码免费看黄| 久久久噜噜噜久久熟女AA片| 日本漫画大全无翼无彩全番| 久久国产精品二区99| 日本精品高清一区二区| 久久午夜综合久久| 日本大乳高潮视频在线观看| 久久精品卫校国产小美女|