You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Regional Trade & Investment<br />
EUROPE<br />
Sino-EU Trade War Unlikely<br />
By Zhu Zijun<br />
The European Union is not<br />
expecting a trade war with<br />
China, and will treat China’s<br />
exports and investments under<br />
the WTO rules, said the EU’s mission<br />
to China at a press conference on<br />
January 16.<br />
“I am always puzzled by the reports<br />
on trade war between the EU<br />
and China, but I do not want to see it<br />
become a reality,” said Markus Ederer,<br />
the EU Ambassador to China, adding<br />
that “It is not available for the EU to<br />
have a trade war with China, since both<br />
sides proceed under the WTO rules<br />
and this is their right.”<br />
In fact, “The proportion of trade<br />
disputes between the EU and China is<br />
actually very small and the Chinesemade<br />
products involved in anti-dumping<br />
or anti-subsidy cases make up less<br />
than 1 percent of China’s exports to the<br />
EU,” said Ederer.<br />
In documents published in December<br />
2012, the EU executive arm<br />
said high anti-dumping and countervailing<br />
duties should be imposed on<br />
Chinese producers of organic coated<br />
steel, Xinhua News Agency reported.<br />
The European Commission’s antidumping<br />
and anti-subsidy probes into<br />
Chinese steel products are “unreasonable”<br />
and will harm Chinese companies’<br />
legal rights and interests, the Ministry<br />
of Commerce (MOC) spokesman<br />
Shen Danyang said at a regular press<br />
conference.<br />
Another case is that the EU in<br />
early November of last year announced<br />
that it would investigate alleged state<br />
subsidies for Chinese solar panel manufacturers.<br />
This came amid an existing<br />
probe into allegations of “dumping”<br />
such products in European markets.<br />
“There is a case in terms of anti-dumping investigation into<br />
China’s solar products. The case is ongoing under certain rules, and<br />
the preliminary decision will be handed down in the first half of<br />
this year,” said Ederer.<br />
As for investigation into China’s telecoms, “There is concern<br />
about China’s telecommunications industry in Brussels, but so far<br />
there is no case,” he said.<br />
Data from China’s General Administration of Customs<br />
showed that Chinese exports were targeted by a total of 72 trade<br />
investigations in 2012. Trade protectionism is prevalent globally<br />
and the external environment for Chinese trade is worsening and<br />
among the world’s major economies, Chinese exports were the most<br />
targeted by trade protectionism, said Zheng Yuesheng, spokesman<br />
for the General Administration of Customs.<br />
“But as China has investigation into European exports, the<br />
EU has investigations into exports from China, America and other<br />
countries as well,” Ederer said.<br />
Data showed that China’s exports to the EU reached $333.99<br />
billion in 2012, a decline of 6.2 percent year-on-year. This makes<br />
the United States surpass the EU that year to become China’s largest<br />
export destination.<br />
64