The EU on Chinas steel and then cut high taxes, the Ministry of Commerce seriously questioned

2017-03-07

Ministry of Commerce website news, the European Commission on February 28 originating in China is plate products to make anti-dumping investigation final ruling, and decided to implement a five-year anti-dumping measures, anti-dumping tax rate of 65.1% -73.7%. Wang Hejun, director of the Bureau of Trade Relief and Investigation of the Ministry of Commerce, said that China expressed serious doubts about the European Commission is approach and decision on high tax rates and expressed great concern about the EU is trade protectionism in the steel sector. The European Commission in the investigation ignores the active cooperation of enterprises, continue to use unfair and unreasonable "alternative country" approach, cut a high anti-dumping tax rate, seriously damaged the interests of Chinese enterprises. The Chinese government urges the EU to fully comply with the international treaty obligations under the WTO and terminate the use of "alternative countries" approach to treat Chinese enterprises in a fair, impartial and non-discriminatory manner.

Wang Hejun stressed that the global economic recovery is weak, shrinking demand is the current iron and steel industry is facing the root causes of difficulties, countries should face together to win-win cooperation in a way to overcome the difficulties. Reckless trade protection measures will only have a further impact on the international trade order. China is willing to strengthen exchanges and communication with the EU, properly solve the current problems facing the steel industry.
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