China is the biggest victim of trade protection, new UK report shows
Source: Internet
Author: User
A new report by the Center for Economic Policy Research, a new global trade warning office, shows that protectionism is on the rise at a time when many countries in the world showed signs of economic recovery in 2009. According to the report, a data or explanatory title: Since last November, in Washington, D.C., the 20-nation Group (G20) Financial summit to the beginning of December this year, many Governments have implemented 297 trade protection measures, more than the full year of working days. The report states that China has become the biggest victim of protectionism. Disparity 6:1 Reuters 14th quoted the report reported that since the Pittsburg held in the United States in September this year G20 financial summit to early December, the global total implementation of 105 trade protection measures, and the same period of trade liberalization policy issued only 12, the former is almost 9 times times the latter. The report says the number of trade protection measures that have been announced but not yet implemented by many governments over the past 3 months has risen from 134 to 188. In retrospect, from November last year to the beginning of December this year, many countries introduced trade-related policy, the ratio of discriminatory trade policy and trade liberalization policy is close to 6:1. The Global trade Warning office had estimated that some 70 trade protection measures had been introduced in many countries in the first half of this year, but the actual trade protection measures were 20% to 25% more than expected. China's biggest victim reported that some countries, such as China and Indonesia, have become protectionist victims since the G20 financial summit held in Pittsburg, USA, in September this year, to early December. During this period, China was affected by more than 47 trade protection measures, and became the biggest victim of protectionism. According to data from China's Ministry of Commerce, from January 1 to November 3 this year, 19 countries worldwide have launched 101 trade-related surveys on Chinese products, with a total of more than 11.68 billion U.S. dollars involved. China has been the world's most anti-dumping investigation country for 15 consecutive years. China and Indonesia have been among the 10 "most injured" countries, according to the 4 indicators that the Global Trade Warning office measures the extent to which a country's economy is hurt by protectionism. The report also shows that trade protection measures are now showing new features and diversifying. In addition to the "traditional" means of trade protection, such as punitive tariffs on a particular type of product in a country, the provisions on the purchase of domestic goods, written in a number of national economic stimulus plans, are also "real" for trade protection. The report warns that trade protection measures in the financial crisis could lead to 3 of consequences, and that both the implementing and the injured will "suffer". Chi Jie (Xinhua News agency this morning for this newspaper feature)
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