China has not left the old way of Western trade protection

U.S. exports to China are not many, but China's launch of countervailing Investigations is a cause for concern. Agence France-Presse, China's anti-subsidy survey on U.S. imports of cars, because of the coincidence of timing, there's been a lot of speculation. "International Herald Herald" reporter Zhang Haowen from Beijing, a process based on the countervailing investigation, because the initiator is China, was investigated from the U.S. car, coupled with the ongoing Sino-US trade frictions in the background,　　appear to be particularly concerned. In fact, the anti-subsidy survey for American cars was only a continuation of the "double reverse" survey of imported American car products and chickens launched by China after the September tyre-insurance announcement.　　　　But because of the latest situation, Commerce Minister Chen Deming in the October 29 meeting between the Sino-American Joint Commission on Commerce, the gap revealed that many Lenovo. No political background Chen Deming said the Chinese government has invited the U.S. government to assist in investigations into anti-dumping investigations into imported cars.　　It is understood that, according to the WTO regulations, this is a countervailing investigation must be one of the procedures. However, this countervailing investigation, or more be foreign to the Sino-US trade frictions frequently you come to me, slings part. The Reuters report sees it as "a signal that the economic crisis has actually deepened the risk of trade barriers".　　The Financial Times argues that trade relations between China and the United States continue to be tense.　　The FT even quoted lawyers as saying that the investigation into the car was largely symbolic, given the limited number of cars imported from the United States every year. "The Obama administration has given huge subsidies to the auto industry, which is unfair to other countries under the framework of the WTO principles." It is normal for China to initiate countervailing investigations into imported cars from the United States. "This has nothing to do with the size of imports," said Wang Rongjun, a U.S. Economic Research Institute at the Chinese Academy of Social Sciences.　　"Sino-US trade frictions are not in a state of trade war, and both sides are emphasizing cooperation."　　Shen Yu, a researcher at the Institute for World Economics and politics at Cass, said that the anti-subsidy investigation was irrelevant and could not be regarded as a political bargaining chip for the background of the Financial Times ' special mention of Obama's visit to China in three weeks. "This is not the process of Sino-US trade negotiations, China will give the United States a bit of a look." If it is, there is no need to choose a car, you can choose the United States to export a larger number of products.　　　　Shen Yu said.　　Beware of America's "commitment" to shrink at the October 29 Sino-US Joint Commission, China and the United States pledged not to introduce new trade protection measures.　　As the latest developments in the auto countervailing Survey happened to be revealed on the sidelines of the meeting, this seems to be a very relevant two thing. "China and the United States have resolved several thorny trade disputes. But at the same time, the government has confirmed it is investigating the dumping of U.S. cars exported to the Chinese market.　　The FT report begins with a similar introduction to the Wall Street Journal report. Wang Rongjun that anti-subsidy investigation and Sino-US Joint CommissionEnoch had nothing to do. "The countervailing investigation initiated by China cannot be regarded as trade protection." "Shen Yu emphasizes that subsidies can easily distort market competition and violate the principle of fairness, so countervailing is not necessarily trade protection." As long as the investigation is impartial, it is not trade protection.　　Conversely, like many countries, especially in Europe and the United States to China's products countervailing survey, take the cost of third countries and related conditions to measure China's products, the conclusion is unfair, is trade protection.　　Shen Yu that, as a victim of trade protection, China would not launch unfair investigations into other countries. and Wang Rongjun hints that the U.S. commitment to no longer introduce new trade protection policies can only be understood as a "manifesto", as there may be new policies with trade protections.　　and a similar commitment, the United States said very early.　　Wang Rongjun explained that this was mainly due to a different understanding of free trade and trade protection between China and the United States. "The Obama administration is emphasizing the terms, so long as they do not violate the WTO terms, they think they can." China is judged by the principle of fair trade. Like the September tyre-insurance case, the United States said it did not violate WTO-related provisions, not trade protection, but China considered it contrary to the principle of freedom and fairness, is trade protection. ”