China becomes the main injured country by trade protectionism

Source: Internet
Author: User
Keywords China protectionism
Tags compared customs economy export export markets export trade exports financial
According to customs statistics, China's export trade fell 21.7% per cent in January-June this year, Yi, vice minister of Commerce, said at the global think-tank Summit, "Promotion of trade liberalization and investment facilitation", 4th Compared with the figures released by the Chinese customs in June this year, China's exports of $426.14 billion trillion, down 21.8% year-on-year, have not seen a noticeable improvement in China's export situation.  Despite the financial crisis that has hit China's main export markets, rising protectionism has "exacerbated" the export situation. "The rise of trade protectionism has made the recovery of the world economy faltering, and China is the main victim of trade protectionism in this crisis." "Yi said. According to the WTO statistics, 40% of anti-dumping cases and 70% of countervailing cases in the world last year were aimed at China's export products.  In the first quarter of this year, the world's new anti-dumping, countervailing and special insurance investigation cases Rose 18.8% year-on-year, of which more than 2/3 related to Chinese products.  June 29, the United States International Trade Commission announced the China Passenger car and light truck tires Special Insurance Case Relief measures preliminary recommendations: on the basis of the current import tariffs (3.4% to 4%), the special tariffs of 55%, 45% and 35% were imposed on Chinese passenger cars and light truck tyres for 3 consecutive years. "Special protection" is the "specific product transitional safeguard mechanism" and "special safeguard measures" abbreviation. In accordance with article 16th of the Protocol on the accession of the People's Republic of China to the WTO, if the number of Chinese products exports to the relevant WTO members is too large to cause "serious damage" or constitutes a "serious threat" to the relevant industries of these members, Then these WTO members can take safeguard measures against Chinese products alone.  The period of implementation of "special insurance" is from December 11, 2001 to December 11, 2013.  Yi said that America's "special Insurance" policy for China had been in the Cold war period, and that when China joined the WTO, it had given it a transitional period under very reluctant circumstances, and the United States would not relinquish that right until after the transition period. "But this clause is typical of trade protectionism, even if Chinese products do not have dumping and subsidies, because the product is too competitive, it will be restricted imports, it is unfair to Chinese products, the United States is also disgraceful, because it is discriminatory provisions, but also against the WTO MFN provisions."  "Easy to appeal, to oppose any form of trade protectionism rise, countries should resolutely prevent the introduction of protectionist measures, even if the WTO allowed measures to be cautious, and can not be abused." "It is not enough to oppose trade protectionism only by the efforts of one or two countries, but only if countries start from themselves and the international community works together to succeed."  "Yi said. Hai, vice president of Peking University, also pointed out that, from the macro level, the UK, the United States, China, Japan, Russia, five major trade countries to achieve more openness through political co-ordination, self-discipline, the large countries should basically maintain trade balance.  Although China's foreign trade in various factors under the influence of the "winter", but Yi also said that the basic advantages of China's foreign trade have not been lost, and when world trade recovers, there will be room for China's foreign trade, although not as sharply as in the past 5-8 years, but still a few percentage points higher than the world average.  He also said that China has been adhering to the strategy of diversification of trade and export diversification, and has achieved great success, China and Africa, the Middle East, Central Asia, Latin America's bilateral trade has quadrupled. July 4, in order to promote the smooth bilateral trade, led by the Ministry of Commerce and other departments of China's Trade and investment promotion Group to depart for the fourth time, will be in Italy, Sweden, Finland, Portugal, the four countries held bilateral economic and trade cooperation forum and entrepreneurial negotiations, signed a series of two-way investment, technical cooperation, Service trade and other business contracts and cooperation intention.
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