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China hit by most probes for dumping
Source: Xinhua |
September 9, 2011, Friday
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Print Edition
Print Edition
CHINA faced the world's largest number of anti-dumping investigations for the 16th consecutive year in 2010, and the country's textile industry was one of the biggest victims of trade frictions, a commerce official said yesterday.
China has been embroiled in 313 trade remedy investigations from 2008 to the first half of this year, of which 35 cases involving US$1.9 billion were targeted at the country's textile companies, said Li Zengli, an official with the Bureau of Fair Trade for Imports and Exports at the Ministry of Commerce.
China is one of the world's largest textile exporters, accounting for one third of the global textile trade volume.
Gao Yong, vice president of the China National Textile and Apparel Council, said the country's textile industry has been the second-most negatively affected by trade frictions, after the chemical engineering sector, since China's accession to the World Trade Organization in 2001.
China has been embroiled in 313 trade remedy investigations from 2008 to the first half of this year, of which 35 cases involving US$1.9 billion were targeted at the country's textile companies, said Li Zengli, an official with the Bureau of Fair Trade for Imports and Exports at the Ministry of Commerce.
China is one of the world's largest textile exporters, accounting for one third of the global textile trade volume.
Gao Yong, vice president of the China National Textile and Apparel Council, said the country's textile industry has been the second-most negatively affected by trade frictions, after the chemical engineering sector, since China's accession to the World Trade Organization in 2001.
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