For Defense Of The Chinese Joint Multinational Anti-dumping Aluminum Wheels - Alloy Wheels, Auto,
May 11, the preliminary ruling the European Union will impose China's aluminum wheel 20.6% of the provisional anti-dumping duties
. Reportedly, the second is only a temporary revenue ruling, Chinese companies will probably decide to draw the counterclaim. According to EU anti-dumping investigation procedures, the European Commission will be released within 6 months the final determination of the results. China to export to the EUaluminum wheel business sales will be severely affected, may drop to 40%. Once Chinese companies lose, the EU will export to China for 5 consecutive years to the European Union to levy up aluminum wheel anti-dumping duty of 33%, by then, China Car Aluminum wheel industry may completely withdraw from the European market. It is reported that more than 50 enterprises in Ningbo city involved, more than 2,500 million U.S. dollars exports will be affected. EU car industry pair of losses, China's multinational companies want to jointly defend.
Not tire from the U.S. safeguard action to recover against the Chinese auto parts industry is facing new challenges.
Author from Chinese enterprises responding to the organizational unit in China Electromechanical Import and Export Chamber of Commerce (hereinafter referred to as the Electrical and Mechanical Association) learned that on May 20, the domestic relevant departments and enterprises will convene a special meeting to discuss communication and analysis of preliminary ruling the European Commission and the formation of the defense presented the views of the European Commission.
Electrical Chamber of Commerce Center for Chen Huiqing legal services introduced to the author, in accordance with EU regulations, the Chinese must be submitted in the June 11 exculpatory material, and the final verdict will be announced in mid November of this year.
Many trade disputes with the past is different, in the defense, China will mobilize and urge the relevant international automobile companies involved in opposition to the EU anti-dumping investigation of this.
According to the Electrical Association survey, the ruling, the EU's global automotive multinational division of labor, distribution and supply chain Management Also be adversely affected. It Chenhui Qing, at present most of the European automobile multinationals have already expressed opposition to the preliminary ruling, further Cooperation Still under consultation.
EU initially for 20.6% of the provisional anti-dumping duties
Car alloy wheel is the largest auto parts export products. Data show that China's current total of 102 aluminum alloy wheel business. According to 2008 data, aluminum alloy wheel production of 7,000 million pieces, 50% rely on export.
According to insiders, in the export market, the United States has a dominant position, but with Financial Crisis devastated the U.S. auto industry, the European Union significantly increased market share. 2010, Chinese exports to the EU alloy wheels about 15% of global exports. Chinese exports to the EU EU
aluminum wheels are also anti-dumping investigations initiated by the financial crisis on the automotive industry is most affected August 13, 2009 officially launched.
According to materials provided by the Electrical and Mechanical Association show that after filing, a total of 36 aluminum wheel manufacturer submitted a sample of the questionnaire as enterprises involved, their export volume accounts for the number of China's exports to the EU aluminum wheels, more than 90%. Select a Day cards from the European Commission, Matthey, Lizhong and friends made four pairs of aluminum wheels exports to the EU's largest enterprise as the sampling number of enterprises, export volume accounts for enterprises involved in exports to the EU 43% of the number of aluminum wheels.
Hot Recommendation: Watch 09 Hardware Ten selection
by: gaga