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F REIGN TRADE - 中国国际贸易促进委员会

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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 />

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