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ECONOMY
THIS WEEK> THIS WEEK NO. 50, 2013> ECONOMY
UPDATED: December 9, 2013 NO. 50 DECEMBER 12, 2013
Trade Dispute
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China on December 3 filed a complaint under the WTO's dispute settlement mechanism over anti-dumping measures by the United States against 13 types of Chinese products.

China has officially launched the WTO dispute settlement procedure and called for consultations with the United States under the mechanism, the Ministry of Commerce (MOFCOM) said in a statement.

"In its anti-dumping investigations and reviews, the United States has inappropriately applied targeted dumping methodology and denied companies' separate tax rates," MOFCOM spokesman Shen Danyang said in a statement.

These practices, which do not comply with WTO rules, have resulted in Chinese products mistakenly deemed as having been dumped, and have severely magnified dumping margins, Shen added.

The spokesman said anti-dumping measures launched by the United States for 13 types of Chinese products, including oil well pipelines, involved a total export value of $8.4 billion.

He said that China is resolutely against the misuse of trade remedy rules and protectionism. "China will also determinedly maintain its rights as a WTO member and safeguard the interests of domestic industries," he said.

Prior to this, China filed 12 complaints under the WTO's dispute settlement mechanism and won 11 of them.



 
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