Special Insurance Case: This is a game of rules

Source: Internet
Author: User
Keywords Tyres games trade-fort doctrine special safeguard measures
Tags analysis anti- anti-dumping development development strategy economic export financial
http://www.sina.com.cn2009 October 22 16:50 "Well-off wealth and wisdom" This is a game of rules and rules of the game, so we first understand the rules, and then understand the rules behind the rule rules and rules behind the unspoken rules,  Only in this way can we really be slow and steady. Wen ︱ "well-off, financial and intellectual" reporter Liu Yanhua with a dissenting voice, the United States of China tire implementation of the special safeguard measures of the law on September 26 as scheduled entry into force.  At this point, the Chinese government has officially launched the World Trade Organization dispute settlement procedure for U.S. special safeguards against China's tire imports, launched a new round of anti-security action, and the domestic community is sparing no effort to make a campaign against Mr Obama and the U.S. government for protectionist practices, and to support the Chinese government in its response. However, while blaming each other, we need to reflect. Why did you lose a few of the odds before the lawsuit? China needs to fight back, but how can it effectively fight back? "It's a regular game, but after joining the WTO for years, we're not familiar with the rules of the game," he said.  "He Maochun, director of the Institute of International Studies at Tsinghua University, Ph. D., dean of the Center for Economic Diplomacy, said. The possibility of a comeback is not very present, on the case of Tyre insurance, the United States has already given the statement, local time September 11, Obama announced the introduction of the Chinese tire imports of special insurance measures, that is, on the basis of 4% of the original tariffs, in the next three years, respectively, 35%, 30% and 25% additional tariffs.  However, China has not given up, and the Chinese government has formally launched the WTO dispute settlement procedure in response to a request for consultation within the framework of the World Trade Organization dispute mechanism. The Chinese government's move has made people see again the hope of a comeback, with an analysis that Mr Obama passed the tyre-insurance case entirely out of political considerations and that there is no economic justification for China to win the WTO ruling. But He Maochun is not optimistic about this, "not conducive to the outcome of the Chinese side of the greater likelihood, the two sides said that the public is reasonable, the woman said that the truth, but ruled that the trade dispute is the market, the fact that the law, the United States than we understand the rules of the game, providing evidence  "Under World Trade Organization rules, the two sides will start a 60-day bilateral consultation, which is the first step in the WTO dispute settlement procedure, and if the dispute cannot be resolved, China has the right to request the WTO to set up a panel of experts to conduct an investigation into the dispute." Since April, the United States International Trade Commission accepted the United Steelworkers, the U.S. Steel Tire launched a special insurance investigation began, China is in active negotiations with the United States, but the results are still unsatisfactory, so the possibility of the two countries through the WTO negotiations to resolve the dispute is almost non-existent. Such a dispute would need to be ruled by the WTO panel of Experts, which would take at least two years, even if China finally won, at a time when US safeguards had been implementedFor two years, the practical significance of China's practice is not very good, mainly for the sake of a statement. The most worrying thing about the tyre case is its exemplary effect, fearing that other countries will follow the example of US trade protectionism against China, exacerbating the country's export woes. This fear is also becoming a reality. India has launched an investigation into China's tyre insurance, and Brazil has announced a surcharge on imports from China, as the US and China are arguing over the tyre insurance case.  Subsequently, Argentina also announced anti-dumping investigations into automobile tyres originating in China, in the light of Brazilian practice. "Since China's accession to the WTO, trade frictions have been increasing, but our trade growth has increased faster than trade frictions." Trade frictions do not affect trade development, and as China's share of international trade increases, more and more countries will trade protectionism against China, but their competitiveness has not increased.  "He Maochun said. Injustice in not understand the rules as the saying goes: lesson, wit. Before Mr Obama has made his final decision, some have deliberated on China's weight, saying that Mr Obama should veto the proposal, but instead, Mr Obama passed the proposal, which led to a barrage of criticisms that it was protectionism, that China was the "scapegoat" for domestic political problems, and so on.  In the case of tyre insurance, China is the "injustice", but why can the United States repeatedly succeed? "The tyre-insurance case can be used to show that the current problems in the United States are very serious, the U.S. employment problem, domestic health care reform, the issue of the campaign commitments, and so on, so that Obama is under enormous political pressure, if he can not meet the demands of voters, his ruling base will be affected He Maochun Analysis. Obama has set a record of 20 years of maximum support for the U.S. president in office, but the recent spate of domestic socio-economic problems, particularly at the heart of what has been the main issue since his inauguration, has been a slow pace of progress in health reform, disappointing many voters and a 70% per cent decline in public opinion ratings And just before announcing the final decision on the tyre-insurance case, Obama made a health-care speech.  The signs are that Mr Obama's adoption of the tyre-insurance case is more of a political one, but can we politicize it so that it will rise to the level of relations between the two countries and start a life-and-death trade war? "The United States is a country ruled by law, the tyre insurance case is based on the WTO's special safeguard law, is China's WTO commitments, so on this issue, we can not from the emotional analysis of why it can be passed, and can not be from such a high level of bilateral relations to understand." "At the moment, we should think of it as a case of trade frictions, and we lost because we don't know the rules of the game," He Maochun said. "Obama has the law of the stick to us, we should also use the law as a shield to fight back, although the Chinese industry to do a lot of work, but in the whole process of litigation, still exposed some problems need our attention." In AugustOn 7th, the US Trade Representative's office held a hearing on China's U.S. tire special insurance case, but the response was still insufficient, not only unable to provide strong evidence for his testimony, but also in answer to the Chinese government's tire export policy and export tax rebate issues when there were major mistakes. More importantly, China is less powerful in making the rules of the game. The U.S. launch of the special Insurance case is based on China's accession to the WTO entered into the WTO commitments and "421 section." Today, we have been accused of the unfairness of these legal provisions, but we have already accepted these legal provisions and today we have to endure the unfair treatment that they bring. "This is a game of rules and rules, so we first need to understand the rules, and then understand the rules behind the rule rules and rules behind the unspoken rules, only so that we can really slow down."  He Maochun exclaimed. Learn tactics and strategy in line with the footsteps of Mr Obama through the tyre case, China's Ministry of Commerce resolutely decided to initiate anti-dumping and countervailing investigations into some U.S. imports of auto products and broiler products. "In so doing, we are just signaling to the US that there will be retaliation for easy sanctions on China, and that the US will take into account some of the future dealings with China," He Maochun said. Trade frictions will not affect trade relations between the two countries, and China and the United States remain interdependent two major economies. "He Maochun analysis that dealing with trade disputes is a very professional thing, not standing in the Chinese national feelings can solve the problem, we need to rethink the rules, effectively use our international trade status, and foreign countries to play a game."  In responding, we should give full play to the role of trade associations, serious investigation and evidence, while strengthening the communication and coordination with foreign trade associations, especially information interchange and cooperation, to avoid some unnecessary lawsuits. China has always been the hardest hit in anti-dumping investigations, in response to anti-dumping investigations, win less, lose more, more passive. While we are still familiar with the rules of the time, Obama has raised the issue of trade imbalances to the global economic development strategy, at the recent G20 summit, "global economic rebalancing" as an important issue by the broad attention of countries. In He Maochun's view, whether Obama's move can be interpreted as protectionism is not conclusive, trade protection and protectionism are different, but we do need to reform and opening-up 30 years on the basis of a new internal and external development strategy, within the main, internal and external balance, strategic adjustment, while, Also pay attention to the balance of import and export, the current China's large trade surplus is very easy to make us a target of anti-dumping attacks.
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