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EU begins Chinese bike probe
By Wang Yanlin |
September 27, 2012, Thursday
|
Print Edition
Print Edition
THE European Union has started to investigate whether Chinese exporters used other countries to avoid paying a high anti-dumping duty on its bikes, which may cloud improved ties following Premier Wen Jiabao's visit to the bloc last week.
The EU will investigate whether China is circumventing the 48.5-percent anti-dumping tax on its bikes exported to the bloc by transshipment via Indonesia, Malaysia, Sri Lanka and Tunisia, according to the official journal of the European Commission.
The levy, which has been in place for 19 years, was extended in 2011 for the next five years as bike manufacturers in the EU still accused China of selling bikes in the bloc at below-cost price.
In April, the commission opened a probe into whether Chinese bike companies receive government aid, a step that may lead to countervailing duties being imposed on Chinese bike exports to the EU.
But China has long argued that Western countries use wrong samples to gauge labor costs in China, leading to an incorrect conclusion.
The Ministry of Commerce has not responded to the EU's latest move.
Analysts said the investigation may hurt ties just as the Chinese premier pledged to boost bilateral cooperation at the China-EU Summit held in Belgium last week.
The EU will investigate whether China is circumventing the 48.5-percent anti-dumping tax on its bikes exported to the bloc by transshipment via Indonesia, Malaysia, Sri Lanka and Tunisia, according to the official journal of the European Commission.
The levy, which has been in place for 19 years, was extended in 2011 for the next five years as bike manufacturers in the EU still accused China of selling bikes in the bloc at below-cost price.
In April, the commission opened a probe into whether Chinese bike companies receive government aid, a step that may lead to countervailing duties being imposed on Chinese bike exports to the EU.
But China has long argued that Western countries use wrong samples to gauge labor costs in China, leading to an incorrect conclusion.
The Ministry of Commerce has not responded to the EU's latest move.
Analysts said the investigation may hurt ties just as the Chinese premier pledged to boost bilateral cooperation at the China-EU Summit held in Belgium last week.
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