sfogliabile_AL_n6_dicembre
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Market<br />
EA European Aluminium<br />
highlights the serious<br />
effects on the European<br />
manufacturing industry<br />
that would arise if the<br />
EU were to grant China<br />
a market economy<br />
status (MES)<br />
by Mario Conserva<br />
China is Not Ready for MES<br />
According to recent news reports, the European<br />
Commission has proposed a new non-standard<br />
methodology, which constitutes a significant<br />
change to the EU’s anti-dumping legislation. The<br />
new methodology would no longer classify countries as market<br />
economies or non-market economies, in other words a de<br />
factograntofMarketEconomyStatus(MES)toChina.<br />
Itoughttobenotedinthisrespectthatthisproposalappears<br />
in contrast with the European Parliament’s resolution, taken a<br />
few months ago, which finally showed strong attention for the<br />
old continent’s manufacturing industry by suggesting that the<br />
European Commission and Council should not be in any hurry<br />
to grant such an acknowledgement to a country that during<br />
the past years never lost any opportunity to practise unfair<br />
competition, with all sorts of dumping operations and commercial<br />
practices, which were mildly termed alternative, based<br />
ondistortedprocessesandcosts.Arecentdocumentbythe<br />
European Aluminium Association EA summarizes very clearlythestateofthedebateconcerningthistopic,veryrelevant<br />
for the European Union, by reporting several themes we fully<br />
agreed with in the editorials and informative articles published<br />
during the past few months on our magazine and on our portal,<br />
aluplanet.com; we here present the full version of the document<br />
to our readers, with a comment by EA’s Director General,<br />
Gerd Goetz.<br />
Backgrounder on impact of MES China<br />
on European aluminium industry<br />
Unilaterally granting China MES before it becomes a market<br />
economyputstheEUmanufacturingindustryatseriousrisk.<br />
Without effective trade defence instruments, China’s huge<br />
overcapacity will turn aluminium into the next steel.<br />
Chinaisnotamarketeconomy:<br />
It fails to meet the 4 out of 5 EU criteria; enormous subsidies:<br />
2 Chinese aluminium companies receive 57% of total Chinese<br />
electricity subsidies; five-Year Plans: By 2020 China will add another<br />
9 million tonnes of primary aluminium capacity (about<br />
threetimesEUcapacity),despitethefactthatmostlargeChinese<br />
aluminium smelting companies do not make any profit.<br />
20 -<br />
.com<br />
PubliTec
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