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Duties on US poultry in line with WTO rules: China
By Wang Yanlin |
September 21, 2011, Wednesday
|
Online Edition
Online 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 today.
The statement came in response to an application lodged by the US to the WTO dispute settlement mechanism yesterday with regards to Chinese duties imposed upon 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 in a statement.
If the two countries can't reach an agreement in the next 60 days, the WTO will set up a dispute settlement panel which may take up to two years to produce a final ruling.
In August of 2010, China found chicken imports from the US were sold at lower prices and were also "unfairly subsidized in China." It subsequently imposed anti-dumping duties of between 4 percent and 30.3 percent upon the products, as well as a countervailing duty ranging from 50.3 percent to 105.4 percent. Both measures will be in place for five years.
The US used to be China's largest chicken supplier with exports of more than 600,000 metric tons in 2009. Since the duties were levied, the US exports of chicken to China has dropped by nearly 90 percent, according to earlier media reports.
The number of disputes between major traders are rapidly rising at a time when the global economy is clouded by uncertainties. Some media reports stated the chicken tariffs came in retaliation to the US imposing punitive duties on Chinese tires.
"Countries are striving to protect the jobs in their backyards, thus it's not strange to see more trade disputes," said Xue Jun, an analyst at the CITIC Securities Co. "However, it's not frightening to have disputes as long as we respect the rules."
On Monday, Australia started an anti-dumping investigation over hollow steel pipes imported from China, and the European Union has started to collect an anti-dumping duty of between 26.3 percent and 69.7 percent on Chinese ceramic tiles since last week. The EU also initiated a review last Tuesday to decide whether it should extend the anti-dumping tariff on Chinese chamois leather.
The statement came in response to an application lodged by the US to the WTO dispute settlement mechanism yesterday with regards to Chinese duties imposed upon 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 in a statement.
If the two countries can't reach an agreement in the next 60 days, the WTO will set up a dispute settlement panel which may take up to two years to produce a final ruling.
In August of 2010, China found chicken imports from the US were sold at lower prices and were also "unfairly subsidized in China." It subsequently imposed anti-dumping duties of between 4 percent and 30.3 percent upon the products, as well as a countervailing duty ranging from 50.3 percent to 105.4 percent. Both measures will be in place for five years.
The US used to be China's largest chicken supplier with exports of more than 600,000 metric tons in 2009. Since the duties were levied, the US exports of chicken to China has dropped by nearly 90 percent, according to earlier media reports.
The number of disputes between major traders are rapidly rising at a time when the global economy is clouded by uncertainties. Some media reports stated the chicken tariffs came in retaliation to the US imposing punitive duties on Chinese tires.
"Countries are striving to protect the jobs in their backyards, thus it's not strange to see more trade disputes," said Xue Jun, an analyst at the CITIC Securities Co. "However, it's not frightening to have disputes as long as we respect the rules."
On Monday, Australia started an anti-dumping investigation over hollow steel pipes imported from China, and the European Union has started to collect an anti-dumping duty of between 26.3 percent and 69.7 percent on Chinese ceramic tiles since last week. The EU also initiated a review last Tuesday to decide whether it should extend the anti-dumping tariff on Chinese chamois leather.
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