China strongly dissatisfied with China's anti-subsidy for oil well pipeline

November 24, 2009, the U.S. Department of Commerce on China's export to the U.S. oil well pipe anti-dumping countervailing investigation cases announced the end of the subsidy survey, ruled that China's oil well pipe production companies have 10.36% to 15.78% of subsidies range. The spokesman said 25th that the US side continues to follow the discriminatory practices in its countervailing preliminary investigation, wrongly identified the existence of subsidies and arbitrarily raised countervailing duty rates, and China expressed strong dissatisfaction and resolute opposition. Sino-New Society Hair Five Beijing, December 31, according to the Ministry of Commerce website News, 30th, the United States International Trade Commission (ITC) 6 members of the oil well pipe anti-dumping countervailing part of the industrial damage to the final investigation results of the vote, the result of the positive industrial damage to the final.　　The director of the Fair Trade Bureau of the Ministry of Commerce said in a statement that China was strongly dissatisfied with and resolutely opposed to the outcome of the ruling. The official pointed out that, beginning in the second half of 2008, the financial crisis led to a severe decline in international consumption capacity and consumer demand, the international crude oil market low price operation, many oilfields lost mining value, directly led to a sharp contraction in demand for oil pipeline products. In the United States, the industry sought protection from trade relief, blamed the industrial difficulties on imported products and blindly accused imports of dumping or subsidies. At present, although the United States International Trade Commission has not officially released its official verdict report, but we believe that, if ignoring the financial crisis as the root cause of the industrial difficulties, it is believed that China's oil well pipe products to the U.S. industry caused damage will be a disregard for the fact that the wrong way.　　At present, the international crude oil prices and natural gas prices have gradually increased, the oil well pipe market demand will gradually increase, China's exports to the U.S. oil wells will not cause damage to the domestic industry threat. The case of the anti-dumping investigation is still in progress, the U.S. Department of Commerce in March 2010 to make dumping final, the United States International Trade Commission in May 2010 to make dumping part of the industrial damage final. The Chinese side urged the US side to face the objective facts, take effective measures to correct the wrong practices, make a fair, just and reasonable decision, and practice the pledge of "opposing trade protectionism" with practical actions.