EU probe draws displeasure
Source: Xinhua |
July 2, 2010, Friday
|
Print Edition
Print Edition
CHINA yesterday voiced "grave concern" over the trade probe into imported Chinese-made wireless wide-area networking modems launched by the European Union.
On Wednesday, the EU began an investigation into safeguard measures concerning the import of Chinese-made modems and an anti-dumping probe into these imports worth US$4.1 billion.
An unnamed official with the Ministry of Commerce said in a statement posted on its Website that the Chinese wireless wide-area networking modems are high-tech products which have benefited consumers.
"The EU's move is typical trade protectionism and abuses trade remedies. It will not only hamper the EU's economic recovery, but also impair China's interests and technological progress," the official said.
He added that the EU investigations are contrary to the consensus the G20 leaders reached during their meeting in Toronto over the weekend.
On Wednesday, the EU began an investigation into safeguard measures concerning the import of Chinese-made modems and an anti-dumping probe into these imports worth US$4.1 billion.
An unnamed official with the Ministry of Commerce said in a statement posted on its Website that the Chinese wireless wide-area networking modems are high-tech products which have benefited consumers.
"The EU's move is typical trade protectionism and abuses trade remedies. It will not only hamper the EU's economic recovery, but also impair China's interests and technological progress," the official said.
He added that the EU investigations are contrary to the consensus the G20 leaders reached during their meeting in Toronto over the weekend.
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