Chinese companies confront US double counter investigation

Li Xiangwan The beginning of the new Year, the United States again launched a "trade war", ruled that the Chinese ribbon to impose high anti-dumping duties, but some companies are actively responding to the exemption from sanctions. 6th, the Chairman and NBA star Yao Ming, Xiamen Yao Ming Ribbon Ornaments Co., Ltd. (hereinafter referred to as "Yao Ribbon") received the U.S. Department of Commerce to Anti-dumping preliminary results, was told to obtain zero tax rate.　　Not long ago, the company got the same countervailing effect. "We were completely ignorant when we learned about the defendant last July."　　"Yao Ming, deputy general manager in charge of following up the lawsuit, Lu Yuanshu yesterday in an interview with" The first financial daily ", they are in the" double counter "ignorant of the situation step by step to the challenge. So far, Yao has spent more than 2 million yuan on the lawsuit, which is not a small expense for a company with an annual sales of just over 100 million. "What makes us headache is that the process is very complex and trivial. Some companies give up their response, which is estimated to be related to these.　　Lu Yuanshu told reporters. February 6, the U.S. Department of Commerce issued a narrow band of anti-dumping anti-dumping anti-dumping anti-dumping part of the preliminary results of the joint investigation. Two of the compulsory respondent enterprises, Yao Ming Ribbon dumping margin of 0, the other due to not be sued, was found to be 231.4% of the punitive tax rate.　　13 of the companies that qualify for the average tax rate have been awarded a 115.7% tax rate, with the national uniform rate of 231.4% per cent for other companies not responding. It is because the firm has been insisting that it has won the zero-tax rate.　　However, the current case of subsidies and dumping consolidation is expected to be made in April 2010. Once the ribbon industry's tariffs are over 30%, American customers are almost impossible to accept.　　The ruling means that other companies ' webbing is blocked by high tax rates, except that Yao's webbing can continue to enter the U.S. market.　　Experts warned that the textile and garment industry may become the United States this year "double counter" investigation of the hardest hit, the industry should actively respond.　　Five months of hard fighting. Last July 9, Pennsylvania, a 65-Year-old Auvery Company with its wholly-owned subsidiary of the Lion Silk Belt company to the United States Department of Commerce to apply for the Chinese-made narrow ribbon to initiate anti-dumping countervailing investigation.　　July 23, 2009, the United States to make a decision to file a case, this is the United States on China's textile launched the first "double counter" investigation, but also in the post-quota era of the United States on China's textile to take the first trade relief measures. Thus, the original in the textile industry is not concerned about the small category was pushed to the forefront. Mainland China has 15 ribbon enterprises involved in the lawsuit. According to the U.S. approach, the choice of the industry's exports to the United States ranked first and second Chinese enterprises as a representative of the mandatory response.　　Yao Ming is among the bands.　　The 5-Year-old Yao Ming Ribbon was not prepared for this. "Under the guidance of the business sector and the textile association, we have been able to understand the concept of ' double counter ' and the relevant procedures, as to whether we can win the lawsuit, the heart is not bottom。 The high cost or the secondary, the key is the probability of victory. Domestic enterprises since 2005 have received a lot of similar anti-dumping lawsuits, the proportion of the successful victory is only about 30%. "Lu Yuanshu told reporters," we visited some of Fujian have been involved in anti-dumping furniture, shoes and other enterprises, take lessons from. The point is that if you go to the lawsuit, there is a chance to get a low tax rate, and not to sue, will completely lose the U.S. market.　　"On balance, Yao Ming Ribbon decided to fight this hard war, the United States is its largest export market, sales of about 7 million U.S. dollars, accounting for the company's overseas market total sales of more than 60%, once lost, will be hit."　　Under the guidance of a professional law firm in Shanghai, Yao Ming ribbon began "fighting" with the U.S. Department of Commerce. In order to prove his innocence, it is necessary to fill out a large number of U.S.-related questionnaires and provide relevant information. The heavy workload of the lawsuit is beyond the imagination of the enterprise. From orders, proforma invoices, commercial invoices, packing lists, factory orders, bills of lading and customs declarations between China and the United States, and even between the company and the customer correspondence between the situation will be submitted.　　A lot of data to check, the work is very cumbersome, and can not have any mistakes, otherwise it will be undone. A few months of effort not in vain, finally in exchange for initial victory.　　But, unfortunately, Yao has not been able to share his initial successes with his peers.　　Two companies to know that the United States to China Ribbon "double counter" the first result, Beijing Xiao Yun law firm, partner Zhang feel very annoyed, he is 15 respondent enterprises in a business agent lawyer. "Originally, our response to the work is quite smooth, but because of the two sample companies run off and dragged down, was levied high anti-dumping and countervailing duties." Now, my clients have been unable to enter the U.S. market.　　Zhang yesterday to this newspaper reporter said.　　Zhang refers to the two companies, with Yao Ming ribbon was selected as a mandatory in the United States to counter the subsidies of Zhangzhou Changtai Textile Co., Ltd., as well as with Yao Ming ribbon was selected as anti-dumping investigation of Ningbo Jintian Trade Co., Ltd.　　Reporters yesterday tried to contact the two companies to understand the reasons for their eventual abandonment of the lawsuit, but have not been answered. According to Zhang Analysis, may be because the weaving belt enterprises are mostly small, and play such a lawsuit needs to face difficulties and relatively high costs, easy to be intimidated.　　If the business management is not normal, should sue will be more cumbersome, the cost will be higher.　　Because these two families give up the lawsuit, the "double counter" tax rate of the Chinese mainland ribbon is raised, and the tax rate of 13 respondents who have not been singled out for investigation is the average of the tax rate for the compulsory respondent enterprise, and the highest tax rate is levied on the enterprise which has not participated in the lawsuit.　　Zhang said that the United States in this ribbon lawsuit, China's Taiwan-related products only levy a tax of not more than 4.54%, in addition to and the United States recognition of China's Taiwan region market economy status, and Taiwan enterprises as a whole positive response also have relations. Uibe, Sino-American Institute of Economics and TradeInvestigators Shijian yesterday to accept this reporter also stressed the need for enterprises to actively complain.　　In the past few years in the United States against the Chinese shrimp anti-dumping lawsuit, Zhanjiang State union after the positive response, won the zero tax rate, and in the United States on the Chinese wooden furniture anti-dumping lawsuit, Chinese enterprises have been actively responding to a very low tax rate. In Shijian's view, this is only the United States last year to abolish China's textile quotas after a small test. This year's "trade war" between China and the United States may continue to heat up, especially the textile and apparel will be "double counter" the hardest hit, in addition to car parts, related enterprises should always tighten this nerve.