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China defends its duty on US chicken
By Wang Yanlin |
September 22, 2011, Thursday
|
Print Edition
Print Edition
CHINA'S anti-dumping and countervailing duties on poultry products from the United States are in line with World Trade Organization rules, the Ministry of Commerce said yesterday.
The Chinese ministry spoke out after the US asked the WTO's dispute settlement body to step into the dispute over duties imposed by China on US chicken since last year.
"China will closely study the US concerns and requests, and will resolve the issue according to WTO procedures," the ministry said.
If the two countries cannot reach an agreement in the next 60 days, the WTO will set up a dispute settlement panel, which could take up to two years to make a ruling.
In August last year, China said low-priced US chicken imports were being unfairly subsidized, and imposed a anti-dumping duty of between 4 percent and 30.3 percent on the products, as well as a countervailing duty ranging from 50.3 percent to 105.4 percent, both for five years. The US used to be China's largest chicken supplier, with exports of more than 600,000 tons in 2009. Since the duties were imposed, US exports of chicken to China are down nearly 90 percent, according to earlier media reports.
The number of trade disputes between the US and China is rising rapidly in a global economy clouded with uncertainty.
Xue Jun, an analyst at Citic Securities, said: "Countries are striving to protect the jobs in their own backyard, so it is not surprising to see more trade disputes."
On Monday, Australia began an anti-dumping investigation into hollow steel pipes imported from China, and the European Union has imposed an anti-dumping duty of between 26.3 percent and 69.7 percent on Chinese ceramic tiles. Last week, the EU also initiated a review to decide whether to extend an anti-dumping tariff on Chinese chamois leather.
The Chinese ministry spoke out after the US asked the WTO's dispute settlement body to step into the dispute over duties imposed by China on US chicken since last year.
"China will closely study the US concerns and requests, and will resolve the issue according to WTO procedures," the ministry said.
If the two countries cannot reach an agreement in the next 60 days, the WTO will set up a dispute settlement panel, which could take up to two years to make a ruling.
In August last year, China said low-priced US chicken imports were being unfairly subsidized, and imposed a anti-dumping duty of between 4 percent and 30.3 percent on the products, as well as a countervailing duty ranging from 50.3 percent to 105.4 percent, both for five years. The US used to be China's largest chicken supplier, with exports of more than 600,000 tons in 2009. Since the duties were imposed, US exports of chicken to China are down nearly 90 percent, according to earlier media reports.
The number of trade disputes between the US and China is rising rapidly in a global economy clouded with uncertainty.
Xue Jun, an analyst at Citic Securities, said: "Countries are striving to protect the jobs in their own backyard, so it is not surprising to see more trade disputes."
On Monday, Australia began an anti-dumping investigation into hollow steel pipes imported from China, and the European Union has imposed an anti-dumping duty of between 26.3 percent and 69.7 percent on Chinese ceramic tiles. Last week, the EU also initiated a review to decide whether to extend an anti-dumping tariff on Chinese chamois leather.
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