U.S. coated paper exports to China imposed countervailing duties of political factors - Paper Indust
U.S. coated paper exports to China imposed countervailing duties of political factors - Paper Indust
U.S. Business Department of "preliminary" decision: Shandong, respectively Chenming Paper Group Co., Ltd. Zheng 10.9% On Kim Dong Paper (Jiangsu) 20.35% levy on all other coated paper from China 18.16% levy countervailing duties, Click here to view all news photos 23 years, the rapid development in the global economy today looks a little long, early in February when the United States, following complaints to the WTO China has a "trade subsidies", the largest in the United States Coated Paper Manufacturer NewPage Corporation strongly request, on March 31, U.S. Business Gutierrez announced that the Department announced that long, "preliminary" decision: Shandong, respectively Chenming Paper Group Co., Ltd. 10.9% levy on Kim Dong Paper (Jiangsu) 20.35% levy on all other coated paper from China 18.16% levy countervailing duty (1), and in fact from the 23 years since 1984, based on the U.S. side that the communist state or "non-market economies "in the state-owned enterprises can not be accurately calculated owned by government subsidies, not" non-market economy country "for anti-subsidy law, the practice as early as 1984 that have been identified?? 23 years erupted after the" countervailing duty "inevitably cause some concern. The media as this will make Chinese-made Steel , Plastics, machinery, Textile And other goods exported to the United States suffer more experts believe that the U.S. steel, textile and other manufacturers to the U.S. pressure on the government for more trade protection rights. Chinese government reacted strongly, the Ministry of Commerce Wang Xinpei after the release of the announcement that the United States practice "greatly hurt the interests and feelings of Chinese industry," United States "not to recognize China's market economy status, but also the implementation of China Countervailing Act. " Wang remark in fact has a profound background, after 64 countries around the world have recognized China's market economy status, while the United States and the European Union after China's accession to WTO has refused to recognize the various reasons for China's full market economy status, the United States for the 2006 U.S. trade deficit with China reached 233 billion U.S. dollars to find the currency, including China let the yuan undervalued, lack of respect Intellectual property rights And the grounds of protecting domestic enterprises. And meaning that, in November 2002, of the various market indicators well below China, Russia is not yet a WTO member countries have access to the EU's recognition of the "full market economy status", its causes, in fact, is based on the country's energy exports to the EU concessions and did not impact on the formation of the European Union is clearly a decision with political factors. Anti-exaggerated view, the United States this countervailing duties on China, are without some common? U.S. Senators Charles Schumer and Graham said that by the end of September 2006, will provide the motion in 2007, China must allow further significant appreciation of the yuan against the U.S. (Note: September 28, 2006, one U.S. dollar against 7.8998 yuan broke through the 7.9 yuan mark), or imports from China will impose punitive tariffs of 27.5%. The subsidy has been considered government action, the U.S. government directly to target the Chinese government, the same time, some analysts think that the Bush administration Treasury Secretary Henry Paulson at the US-China diplomacy did not work caused. 2006 9 28, one U.S. dollar against 7.8998 yuan broke through the 7.9 yuan mark The United States believes that China let the yuan currency undervalued Click here to view all news photos Note 1: The so-called countervailing duties, is a country to offset other countries because of government subsidies received by corporate interests to impose a special tariff. Anti-dumping duties is different, referring to the overseas and domestic selling prices of goods the same or even lower. (See "America for the first time countervailing duties on China-US trade provoke a sensitive nerve," Shanghai Securities News Zhuzhou Liang Xue quinoa)
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U.S. coated paper exports to China imposed countervailing duties of political factors - Paper Indust Anaheim