Ministry of Commerce: double-counter entry to the United States

Source: Internet
Author: User
Keywords China China
Tags anti- anti-dumping automobile industry counter economic entering financial financial crisis
China's anti-dumping and countervailing duties on American cars are proceeding in a procedural way.  October 29, the Minister of Commerce Chen Deming in Hangzhou to participate in the Sino-US trade Joint meeting between the gap said the Chinese government has invited the U.S. government to assist in the investigation of anti-dumping investigations. Automobile "Double counter" investigation entering a critical stage researcher Xinyu of the international Trade and Economic Cooperation Institute of the Ministry of Commerce said yesterday in an interview with Nanfang Daily, in response to the request of the domestic Automobile Industry Association, the Ministry of Commerce in September launched a review procedure for some imported automobile countervailing cases originating in the United States, and informed the U.S. government to ask the other party to assist in investigation,  is one of the necessary procedures. It is understood that this shows that China's imports of U.S. cars "double counter" investigation has entered a critical stage. In accordance with the 16th of the anti-dumping regulations of the People's Republic of China, the Government of the exporting country (region) shall be notified before an investigation is decided or an investigation is not filed.  The Chinese side will levy anti-dumping duties on the imported products once the investigation is decided and sufficient evidence is available to prove that the relevant products do exist anti-dumping. According to foreign media reports, the U.S. auto Trade Policy Committee Chairman Steven Collins said October 28, this week China has submitted to the U.S. government car trade investigation documents, "but the document has not been translated, the matter is not available for comment." Steven Collins said the investigation could lead to tariffs on cars and sport utility vehicles (SUVs) exported to China by Chrysler, Ford and General Motors.  He predicts that the three major U.S. automakers are exporting about 9,000 vehicles to China. The news that U.S. car companies are looking to resolve trade disputes was a source of concern yesterday for GM, Ford and Chrysler, the big three U.S. auto companies. GM China president Kevin Wale told Nanfang Daily that a healthy and positive trading environment is important for both countries. GM will continue to work actively to promote communication between the two countries to reduce trade frictions.  Wale believes the current trade dispute can be resolved through constructive solutions, and GM believes that healthy trade relations are in the common interest of both countries.  Ford and Chrysler China company officials said the two governments are currently communicating, the company has not yet commented on the matter. News analysis the possibility of China-US auto trade war is not so big. Xinyu, a researcher at the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, said that the financial crisis had caused a severe blow to the US auto industry and that the U.S. government had made huge subsidies to the auto industry in the current special crisis to restore the competitiveness of the auto industry. U.S. President Barack Obama also announced last month a 35% tariff on tyres imported from China.  For such trade protection, it is necessary for China to initiate countermeasures in time. Ma Guangyuan, a leading financial critic, believes that the biggest injury to China from the international financial crisis is the trade crisis. Therefore, there must be preventive measures to eliminate trade protection and reverse trade disadvantage, "and the best way to protect trade is to be confrontational". But Ma Guangyuan predicts that thisThe Sino-US auto trade dispute will not last long, "Sino-US trade frictions have always been constant, but trade wars cannot be fought." "He believes that everyone needs an economic recovery and will eventually negotiate trade disputes through normal channels."  Mei Xin-Yu also believes that China's powerful counter-system can curb U.S. trade protection to a certain extent. GM officials told the Nanfang Daily yesterday that the current trade dispute had not had a significant impact on GM imports.  GM recently signed an agreement with Shanghai General Motors to export more than $600 million of its car products to China. According to the General administration of statistics, in the first half of 2009, imports from the United States were 21,000 vehicles, an increase of 5.7%.
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