Trade dispute heats up while Obama visit nears

0 CommentsPrint E-mail Shanghai Daily, November 9, 2009
Adjust font size:

China blasted the United States?Sunday for launching preliminary dumping duties on Chinese-made steel pipes and announced an investigation into imports of American-made autos as a trade conflict escalated a little more than a week before US President Barack Obama visits Beijing.

Yao Jian, spokesman for China's Ministry of Commerce, said higher pipe tariffs would have a serious impact on the Chinese steel industry and that "China strongly opposes such acts of protectionism."

Yao urged the US to follow promises made at last month's session of the China-US Joint Commission on Commerce and Trade to fight protectionism. He also said China will "take measures" to defend the interests of domestic enterprises.

"By not recognizing China as a market economy, the US is acting in a discriminatory manner," he said.

Market-economy status would give China more leverage in trade disputes.

"The Obama administration is adding pressure to cause China to compromise more on trade issues such as the foreign exchange rate and tax rebates during Obama's visit," said Sun Lijian, an economics professor at Fudan University.

In its preliminary decision, the US Commerce Department proposed duties ranging up to 99 percent on Chinese-made steel pipes used in oil and gas drilling. The duties still must be approved by the International Trade Commission.

Those charges would be on top of separate duties averaging 21 percent that were imposed in September to counter Chinese government subsidies, the US department said.

The products involved, valued at about US$3.2 billion, account for 46 percent of last year's Chinese steel exports to the US. More than 90 Chinese steel producers, including some state-owned companies like Tianjin Pipe (Group) Corp and Baosteel Group Co, would be affected.

The move was part of a growing list of actions against Chinese exports after the US imposed punitive tariffs on Chinese tires in September. China answered that with a World Trade Organization complaint.

On Wednesday, the US set preliminary duties ranging from 2 percent to 438 percent on Chinese steel wire.

On the auto issue, China's Ministry of Commerce said it will conduct anti-dumping and anti-subsidy investigations into imports of US-made sedans and sport-utility vehicles with engine capacities above 2 liters.

The probe, which could lead to additional duties on vehicles made by General Motors Corp, Ford Motor Corp and Chrysler LLC, was made in response to complaints from domestic car makers, the ministry said.

"China is making a gesture to show its hard stance on trade issues," said Tan Jijia of Pacific Securities Co. "Imported vehicles from the United States are not substantial, but the intensified conflict could hit market confidence in the recovering US auto industry."

Vehicles from the US account for around 14 percent of China's total auto imports, making America the third biggest country for vehicle shipments to China after Germany and Japan.

Most of the imported products are mid-to-high class sedans and luxury cars including General Motor's Cadillacs and Buicks, and Jeep and Dodge vehicles from Chrysler.

PrintE-mail Bookmark and Share

Comments

No comments.

Add your comments...

  • Your Name Required
  • Your Comment
  • Comments are moderated and generally will be posted if they are on-topic and not abusive.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 粗暴hd另类另类| 鲁一鲁一鲁一鲁一曰综合网| 性感美女一级毛片| 久久夜色精品国产亚洲| 欧美怡红院在线| 亚洲精品午夜久久久伊人| 精品一区二区三区在线播放视频| 国产av无码久久精品| 香蕉伊思人在线精品| 国产片AV片永久免费观看| 91亚洲精品第一综合不卡播放| 奇米视频888| 一级一级一级一级毛片| 日本xxx在线| 久久天堂夜夜一本婷婷麻豆| 果冻传媒91制片厂211| 国产精品国产精品偷麻豆 | 久久久久久久综合综合狠狠| 最新亚洲人成无码网www电影 | 青娱乐手机在线| 国产成人a毛片在线| 色老头永久免费网站| 国产精品模特hd在线| 97精品国产一区二区三区| 天天做人人爱夜夜爽2020毛片| 一区二区三区四区精品| 性色欲网站人妻丰满中文久久不卡| 中文字幕无码毛片免费看| 日本一区二区三区日本免费 | 国产午夜影视大全免费观看| 黑人与欧洲性大战| 天天成人综合网| √天堂中文官网8在线| 性xxxx18免费观看视频| 中文字幕不卡免费高清视频| 无码国产精品一区二区免费式芒果 | 国产成人精品免费视频动漫| 免费足恋视频网站女王| 国产熟女乱子视频正在播放| 男女抽搐一进一出无遮挡| 国产精品多p对白交换绿帽|