China says EU gives subsidies
By Wang Yanlin |
May 17, 2011, Tuesday
|
Print Edition
Print Edition
SOME European Union countries are subsidizing their exporters of potato starch, the Chinese Ministry of Commerce said yesterday.
Its announcement came just a few days after the EU slapped its first anti-subsidy and anti-dumping duties on Chinese coated fine paper.
The ministry said in a statement that its preliminary ruling found companies in the EU received subsidies with an average rate of 11.19 percent, while French firm Roquette's rate was 7.7 percent.
It did not say whether China will immediately impose a countervailing duty on EU exports of potato starch, which is widely used as a thickener for sauces, soups and stews.
This preliminary ruling was done at the request of the Potato Starch Speciality Council under the China Starch Industry Association in June last year.
Since April 19 the ministry has started to collect an anti-dumping duty of up to 56.7 percent imposed on EU potato starch.
It may be a coincidence that the announcement came just days after the EU's punitive duty scheme against China, which put the spotlight on trade disputes again.
The EU said last week it will impose an anti-subsidy tariff ranging from 4 to 12 percent for five years on imports of coated fine paper from China, and a separate five-year anti-dumping levies ranging from 8 to 35.1 percent.
Yao Jian, a spokesman at the ministry, said the EU has violated rules of the World Trade Organization by imposing prejudicial duties.
"Both the Chinese government and the nation's enterprises had provided evidence to show that China's coated fine paper industry is fully competitive, in which market economy principles apply," Yao said. "The Chinese government neither intervenes in the enterprises' operations nor fixes their prices."
Its announcement came just a few days after the EU slapped its first anti-subsidy and anti-dumping duties on Chinese coated fine paper.
The ministry said in a statement that its preliminary ruling found companies in the EU received subsidies with an average rate of 11.19 percent, while French firm Roquette's rate was 7.7 percent.
It did not say whether China will immediately impose a countervailing duty on EU exports of potato starch, which is widely used as a thickener for sauces, soups and stews.
This preliminary ruling was done at the request of the Potato Starch Speciality Council under the China Starch Industry Association in June last year.
Since April 19 the ministry has started to collect an anti-dumping duty of up to 56.7 percent imposed on EU potato starch.
It may be a coincidence that the announcement came just days after the EU's punitive duty scheme against China, which put the spotlight on trade disputes again.
The EU said last week it will impose an anti-subsidy tariff ranging from 4 to 12 percent for five years on imports of coated fine paper from China, and a separate five-year anti-dumping levies ranging from 8 to 35.1 percent.
Yao Jian, a spokesman at the ministry, said the EU has violated rules of the World Trade Organization by imposing prejudicial duties.
"Both the Chinese government and the nation's enterprises had provided evidence to show that China's coated fine paper industry is fully competitive, in which market economy principles apply," Yao said. "The Chinese government neither intervenes in the enterprises' operations nor fixes their prices."
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