Even when Chongqing's foreign trade was still in adversity during the financial crisis, it was also subject to foreign trade protectionism. Yesterday, the reporter learned from Chongqing Foreign Economic Relations Commission that Canada’s recent “anti-dumping and countervailing investigations†on China’s exports may affect aluminum processing companies including the city’s southwestern aluminum. Chongqing’s exports of aluminum products to Canada may face high tariffs. It is reported that this is the first anti-dumping and anti-subsidy investigation after the financial crisis broke out in our city's exports.
China-Canada “Aluminium Dispute†has affected the news of the distressed enterprises from the Ministry of Commerce. Recently, the Canadian Border Service Agency made a final ruling on anti-dumping and anti-subsidy merger investigation of aluminum extrusions and determined that aluminum extrusion originated or exported from China. There are dumping and subsidies for timber products, and the aluminum extrusion industry is not a market-oriented industry. It is reported that the case will be finalized before March 17, 2009. Once its final decision comes to a positive conclusion, the exported aluminum extrusion products will be subject to formal anti-dumping duties and countervailing duties.
According to foreign economic commissioners, the main export product of the city to Canada is aluminum. This undoubtedly casts a shadow over the city's foreign trade exports this year.
According to data provided by the Foreign Economic and Trade Commission, the export of cesium-aluminum faced high tariffs. From January to November 2008, the total import and export volume of Chongqing to Canada was 146,698,200 US dollars. The total export value was 6,407.55 U.S. dollars, an increase of 24.1% over the same period in 2007. The foreign economic commissioners did not provide the specific export amount of aluminum, but said only that “aluminum accounts for a large part.â€
The reporter learned that in this trade turmoil, it is Southwest Aluminum. A high-level reporter from Xi'an told reporters that he had received a briefing from the Foreign Economic and Trade Commission on this aspect and was considering countermeasures. He is still waiting for the outcome of the final ruling on March 17.
“Once a lawsuit is lost in this anti-dumping case, Chongqing will undoubtedly face high tariffs on Canadian exports.†He also pointed out that the products exported by West An Al are highly technical and they have to be imported by the Canadian side. Once the results are detrimental to China, it is still Canadian domestic companies that ultimately “pay the billâ€.
Or participate in the appeal of WTO
"In the financial crisis, international trade protectionism is re-emerging." Foreign Economic and Trade Commissioners remind Chongqing foreign trade companies that this is also caused by typical trade protectionism, and similar situations may occur frequently.
According to a person from the China Nonferrous Metals Industry Association, the government has been advised to resort to the WTO dispute settlement mechanism and suggested that Chongqing enterprises also participate actively.
U.S. Trade Protection Discrimination China Articles World's First In recent days, the U.S. Senate voted on the 2009 Comprehensive Appropriations Act. One of the bills reads: "Any money allocated under this Act shall not be used to formulate or enforce any rules that allow the United States to import Chinese poultry products." A Chinese Ministry of Commerce official said: "This is a new As a protectionist approach, we have never seen similar practices in other countries in the world or other products."
China-Canada “Aluminium Dispute†has affected the news of the distressed enterprises from the Ministry of Commerce. Recently, the Canadian Border Service Agency made a final ruling on anti-dumping and anti-subsidy merger investigation of aluminum extrusions and determined that aluminum extrusion originated or exported from China. There are dumping and subsidies for timber products, and the aluminum extrusion industry is not a market-oriented industry. It is reported that the case will be finalized before March 17, 2009. Once its final decision comes to a positive conclusion, the exported aluminum extrusion products will be subject to formal anti-dumping duties and countervailing duties.
According to foreign economic commissioners, the main export product of the city to Canada is aluminum. This undoubtedly casts a shadow over the city's foreign trade exports this year.
According to data provided by the Foreign Economic and Trade Commission, the export of cesium-aluminum faced high tariffs. From January to November 2008, the total import and export volume of Chongqing to Canada was 146,698,200 US dollars. The total export value was 6,407.55 U.S. dollars, an increase of 24.1% over the same period in 2007. The foreign economic commissioners did not provide the specific export amount of aluminum, but said only that “aluminum accounts for a large part.â€
The reporter learned that in this trade turmoil, it is Southwest Aluminum. A high-level reporter from Xi'an told reporters that he had received a briefing from the Foreign Economic and Trade Commission on this aspect and was considering countermeasures. He is still waiting for the outcome of the final ruling on March 17.
“Once a lawsuit is lost in this anti-dumping case, Chongqing will undoubtedly face high tariffs on Canadian exports.†He also pointed out that the products exported by West An Al are highly technical and they have to be imported by the Canadian side. Once the results are detrimental to China, it is still Canadian domestic companies that ultimately “pay the billâ€.
Or participate in the appeal of WTO
"In the financial crisis, international trade protectionism is re-emerging." Foreign Economic and Trade Commissioners remind Chongqing foreign trade companies that this is also caused by typical trade protectionism, and similar situations may occur frequently.
According to a person from the China Nonferrous Metals Industry Association, the government has been advised to resort to the WTO dispute settlement mechanism and suggested that Chongqing enterprises also participate actively.
U.S. Trade Protection Discrimination China Articles World's First In recent days, the U.S. Senate voted on the 2009 Comprehensive Appropriations Act. One of the bills reads: "Any money allocated under this Act shall not be used to formulate or enforce any rules that allow the United States to import Chinese poultry products." A Chinese Ministry of Commerce official said: "This is a new As a protectionist approach, we have never seen similar practices in other countries in the world or other products."