e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

ECONOMY
Weekly Watch> WEEKLY WATCH NO. 38, 2010> ECONOMY
UPDATED: September 17, 2010 NO. 38 SEPTEMBER 23, 2010
Anti-Dumping Duties
Share

China strongly opposes the U.S. Commerce Department's decision to impose anti-dumping and countervailing duties on Chinese steel products, said Yao Jian, spokesman with the Ministry of Commerce, on September 15.

The U.S. Commerce Department said on September 13 that it would impose final anti-dumping duties ranging from 48.99 percent to 98.74 percent to offset below-market pricing by Chinese exporters and it would levy final countervailing duties of 13.66 percent to 53.65 percent to offset Chinese government subsidies.

The U.S. side disregarded the fact that China is a developing country and had hurt the interests of Chinese industries by applying the trade remedies repeatedly.

Since 2007, the U.S. side launched anti-dumping and countervailing investigations on 15 kinds of Chinese steel products with a total value of nearly $7 billion. The investigations usually resulted in tariffs being imposed and involved products making up about one third of China's steel exports to the United States.

These investigations have a negative impact on bilateral trade, Yao said.

 



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved