EU to China data card antis investigation of the amount of 4.1 billion U.S. dollars

Source: Internet
Author: User
The amount of money involved in 4.1 billion U.S. dollars, China has been involved in the largest amount of trade relief investigation morning news for the EU 16th to China data card (also known as Wireless wide domain network modem) launched a countervailing investigation, Ministry of Commerce spokesman Yao Jian said that the EU on China's data card anti-dumping, countervailing,  The Chinese public and the industry are deeply dissatisfied with the practice of three kinds of investigation of safeguards in the trade relief practice of members of the World Trade Organization, and China expresses its serious concern about this and reserves the right to take measures within the framework of WTO rules. According to the introduction, the EU on June 30 launched anti-dumping and security measures to China data Card survey, involving Chinese enterprises exports of about 4.1 billion U.S. dollars.  The case is the first time in the EU to China's exports of the same product anti-dumping, countervailing and safeguard measures three kinds of investigation, and so far China suffered the largest amount of trade relief investigation.  Yao pointed out that the data card is a continuous upgrading of High-tech products, Chinese products to promote technological progress and create new markets, but also to the European Union consumers with practical benefits. "The EU is abusing trade relief measures only to protect the interests of one of the companies in a given country." This will not only disrupt the normal trade order, damage the interests of the general consumers of EU member States, but also runs counter to the reality of China-EU comprehensive strategic partnership and deepening economic and trade friendly cooperation.  "said Yao.  He expressed the hope that the EU would respect the relevant laws and facts, fulfil the commitments made by its heads of State to oppose trade protectionism, and refrain from doing harm to China-EU economic and trade relations and the European Union's own economy. Notably, also yesterday, the European Union announced the imposition of a provisional anti-dumping duty of up to 43.6% per cent on fiberglass imports from China. The European Union published the decision in its official communiqué of the day. The EU's provisional anti-dumping measures usually lasted no more than six months. Meanwhile, EU anti-dumping investigation procedures will continue, the EU Member States will eventually decide whether to levy a 5-year formal anti-dumping duties.

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