Frbiz.com reports G20 summit convene in the United States trade protection are matters of concern
G20 summit will be held today and tomorrow in Pittsburgh. Although the summit has not yet begun, but the United States President Barack Obama has thrown the balance in the pre-proposal to the global economy, in his view, including China, Germany and Japan and other exporting countries should reduce dependence on exports in order to address global imbalances .
Public opinion, G20 summit, the United States or in the launch issue of trade protection showdown spikes. The latest data showed, in the first 8 months of investigation involved in the case of foreign trade with China amounted to more than 10 billion U.S. dollars.
Increasing trade with China to protect
Since the financial crisis, especially from January to August this year, foreign trade with China, the investigation involved the situation in the end do? Reporter learned from relevant departments, with the spread of the global financial crisis, the global trade protectionism has been a marked rise in the first half of 2008 due to the U.S. sub-prime mortgage crisis, the global anti-dumping cases a sudden increase of 39%.
According to WTO statistics, in 2008 China suffered over 73 anti-dumping investigations, the countervailing investigations up to 10 cases, respectively, the total number of similar cases in the world accounting for 35% and 71%, is the world's most experienced members of trade remedy investigations. The first half of this year, China suffered anti-dumping, countervailing, safeguard measures and special safeguard measures, trade remedy investigations but more than 58 cases, involving more than eight billion U.S. dollars. In particular, in mid-June, the United States within 10 days against Chinese steel products has taken three anti-dumping cases since, the EU on China's shoes and chicken, and so made the anti-dumping lawsuits.
Since August of this year, the U.S. tire case of special protection is aroused great concern. September 11, U.S. President Barack Obama special safeguard on China's tires to make the final determination of the case: For all the cars imported from China and light truck tires a three-year levy punitive tariffs in the future, China's exports to the United States tire product tariff rates increased by 10 times, from 3.4% direct soar to 35%.
Guard against the spread of trade protectionism
The United States, this trade protectionist practices of other countries to follow suit immediately to follow, Brazil September 10 announced two products for the Chinese anti-dumping measures, Argentina, immediately to follow the trend in the September 11 said that it will originating in China automobile tires, anti-dumping investigations, did not rule out the tires of cars produced in China to impose anti-dumping duties. There is no doubt that these anti-dumping cases frequent, the situation in China's exports will be adversely affected.
China's accession to WTO, met with the anti-dumping investigations, What is the trend change? The future of Chinese goods if they would be an increase in anti-dumping cases do? Investigation by the reporter learned that since 1998 have begun to emerge in China after China became the world's hardest hit by an anti-dumping, from the accession to WTO, from 2001 to 2008, China suffered from anti-dumping cases, there are 463.
This period of time, the global anti-dumping cases, there is half against Chinese goods, anti-dumping types from the initial primary commodities such as lighters, clothing and so on, is now into auto parts, machinery and equipment and other high-end merchandise. In addition, the anti-dumping measures are also increasing, from the earliest to the present anti-dumping provisions of the "special safeguard" measures, even by the end of July, near Moscow in Russia's commodity markets closed, so that hundreds of Chinese businessmen unable to continue their business.
These images show the face of China's foreign trade is now the status quo is more intense, the need to actively respond to government and enterprises. Some experts believe that the next 3,4 years, if Europe and the United States economy continues at a relatively depressed state of domestic enterprises and trade unions by their pressure against the international commodity, especially anti-dumping case of Chinese goods may continue to rise, which We need to be very alarming phenomenon.
