Number of trade remedy measures increasing
July 27, 2015 Category Foreign trade, Weekly
Trade remedy measures against high-tech and high value-added product exports from China rose significantly in the first six months of the year, despite an overall slowdown in the number and value of trade friction cases. About 37 trade remedy cases were filed against Chinese companies between January and June, including 32 anti-dumping cases. Fourteen countries and regions, mostly G20 members, initiated investigations against Chinese products, down 30% year-on-year, the Ministry of Commerce (MOFCOM) said. The United States launched six trade remedy probes against Chinese products in the past six months. Countries from Latin America filed 14 cases during the period, up 27% from the same period a year ago. “We noticed that China’s high-end products such as photovoltaic products, tires, wind turbines and smartphones had encountered more trade investigations over the past three years,” Shen Danyang, Spokesman for MOFCOM said. “China has been deploying more resources and manpower to enhance its negotiating abilities after several such cases occurred in recent years.”
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