A new round of trade frictions could shift to resource industries

Source: Internet
Author: User
The EU and US, which have been accustomed to boycotting China's cheap products, have come to a "360-degree shift" this year.  In response to China's restrictions on exports of nearly 20 industrial raw materials, the European Union and the United States have decided to launch a WTO complaint calling for a first-step procedure for a complaint with the Chinese government on June 22: consultations. The European Union and the United States, which have been accustomed to boycotting China's cheap products, have come up with a "360-degree shift" this year, the researchers said.  In response to China's restrictions on exports of nearly 20 industrial raw materials, the European Union and the United States have decided to launch a WTO complaint calling for a first-step procedure for a complaint with the Chinese government on June 22: consultations.  It is concluded that China's practice of restricting the export of resource products directly leads to the inability of foreign downstream enterprises to enjoy cheap Chinese industrial materials, thus bringing about changes: the European Union and the United States trade protection sticks from anti-dumping, countervailing to the "W to appeal." At present, the financial crisis is changing the global industrial competition pattern, in the adjustment of industrial upgrading in China to the past large number of exports of cheap resource products of the enterprise behavior restrictions. One of its manifestations is that the Ministry of Commerce has imposed export tariffs on some industrial raw materials exports since last year, and has implemented quota system management. If you do not buy from China, foreign companies have to pay much higher prices to buy the necessary industrial raw materials.  This is the result that countries in Europe and the United States are relying mainly on imports. We believe that the W to rule is mainly aimed at the export products of dumping, subsidies, but the restrictions on exports and other reverse discrimination is not too much regulation. This time, the main reason is the government to adjust, which is the use of the W to rule to make a plea.  However, there is a lengthy process in the case of the W to appeal, and there is little likelihood of a win. "According to the comprehensive analysis of public media data"

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