China concerned about EU’s wireless modem investigation
September 30, 2010 Category Uncategorized
China expressed its concern about the European Union’s anti-subsidy investigation into Chinese-made wireless wide area networking (WWAN) modems, following two earlier investigations. The EU’s investigations will disrupt normal trade and hurt the interests of EU consumers, said Ministry of Commerce Spokesman Yao Jian. The move also ran counter to the deepening China-EU friendship, he added. “We believe Option’s complaints are wholly inaccurate and reject any accusations of injurious dumping or illegal subsidies,” a Huawei Spokesman said. “It is puzzling that Option should file a complaint against Chinese producers, when it has by its own admission moved all its production to China. We question Option’s motives in filing such a complaint.” “We believe Option’s complaints are groundless and object to any accusations of dumping or illegal subsidies,” said Zhang Wuxiao, Legal Representative of Huawei. “The company’s success is based on a high level of product innovation and ability to predict the take-off of the 3G market in Europe,” Zhang said. Guo Jianjun, Legal Director of ZTE, said: “Option’s failure in the modem business has been due to high operating costs and sluggish reaction to the changing market. It has not been caused by Chinese exporters,” the China Daily reports.
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