Probe may see rise in tariffs
By Wang Yanlin |
April 20, 2010, Tuesday
|
Print Edition
Print Edition
CHINA will start a mid-term review of the anti-dumping duties imposed in 2007 on imports of potato starch from the European Union, a move which may lead to an increase in the tariffs.
It took the step following the EU's decision on Saturday to begin an anti-subsidy investigation into China's exports of coated paper to the EU.
"Trade disputes are on the rise and spreading to more areas," said Sun Lijian, an economics professor at Fudan University. "Some cases are unreasonable, ignoring the principle of free trade and threatening the burgeoning global economic recovery."
The Ministry of Commerce said on its Website yesterday the probe will examine the prices of potato starch from the EU to assess the new market situation. The ministry will conclude the probe in one year.
The ministry said on March 8 it received an application from the Potato Starch Specialty Council under the China Starch Industry Association for a review of the duties because the dumping rate of EU producers "has surpassed the rate of the tariffs."
The council demanded the rates be renewed to reflect the new situation in the industry.
Companies which plan to appeal should register with the ministry within 20 days from yesterday, and provide related materials. The registration form can be downloaded at http://gpj.mofcom.gov.cn.
In February 2007, China imposed anti-dumping tariffs ranging from 17 percent to 35 percent on the imports of EU potato starch, which is widely used in food processing, pharmaceuticals, textiles and animal feed.
EU's move on Saturday to start an anti-subsidy probe into imports of coated paper from China is the first anti-subsidy investigation by the EU against the Chinese paper industry.
"The EU's action sends a wrong message of protectionism to the world," said Yao Jian, the Chinese Ministry of Commerce spokesman. "China will follow the case closely under the rules of the World Trade Organization, and we reserve the right to take further measures."
China was targeted in 116 anti-dumping and anti-subsidy probes last year, involving more than US$12 billion - both a record.
Recent Trade Disputes
2010.4.19 China launched a mid-term review of potato starch imports from the European Union
2010.4.17 The EU started an anti-subsidy probe of Chinese coated paper
2010.4.15 Mexico started an anti-dumping probe against Chinese jeans cloth
2010.4.15 Argentina extended an anti-dumping probe against Chinese polyester fiber and yarn
2010.4.13 China imposed punitive duties on imports of flat-rolled electrical steel from the United States and Russia
2010.4.09 China requested WTO to set up an investigative panel to deal with China's dispute with European Union over anti-dumping duties on Chinese shoes
2010.3.12 The United States slapped an anti-dumping tariff of up to 95.4 percent on Chinese potassium phosphate salts
It took the step following the EU's decision on Saturday to begin an anti-subsidy investigation into China's exports of coated paper to the EU.
"Trade disputes are on the rise and spreading to more areas," said Sun Lijian, an economics professor at Fudan University. "Some cases are unreasonable, ignoring the principle of free trade and threatening the burgeoning global economic recovery."
The Ministry of Commerce said on its Website yesterday the probe will examine the prices of potato starch from the EU to assess the new market situation. The ministry will conclude the probe in one year.
The ministry said on March 8 it received an application from the Potato Starch Specialty Council under the China Starch Industry Association for a review of the duties because the dumping rate of EU producers "has surpassed the rate of the tariffs."
The council demanded the rates be renewed to reflect the new situation in the industry.
Companies which plan to appeal should register with the ministry within 20 days from yesterday, and provide related materials. The registration form can be downloaded at http://gpj.mofcom.gov.cn.
In February 2007, China imposed anti-dumping tariffs ranging from 17 percent to 35 percent on the imports of EU potato starch, which is widely used in food processing, pharmaceuticals, textiles and animal feed.
EU's move on Saturday to start an anti-subsidy probe into imports of coated paper from China is the first anti-subsidy investigation by the EU against the Chinese paper industry.
"The EU's action sends a wrong message of protectionism to the world," said Yao Jian, the Chinese Ministry of Commerce spokesman. "China will follow the case closely under the rules of the World Trade Organization, and we reserve the right to take further measures."
China was targeted in 116 anti-dumping and anti-subsidy probes last year, involving more than US$12 billion - both a record.
Recent Trade Disputes
2010.4.19 China launched a mid-term review of potato starch imports from the European Union
2010.4.17 The EU started an anti-subsidy probe of Chinese coated paper
2010.4.15 Mexico started an anti-dumping probe against Chinese jeans cloth
2010.4.15 Argentina extended an anti-dumping probe against Chinese polyester fiber and yarn
2010.4.13 China imposed punitive duties on imports of flat-rolled electrical steel from the United States and Russia
2010.4.09 China requested WTO to set up an investigative panel to deal with China's dispute with European Union over anti-dumping duties on Chinese shoes
2010.3.12 The United States slapped an anti-dumping tariff of up to 95.4 percent on Chinese potassium phosphate salts
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