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China objects to India's anti-dumping probe into its steel
13/06/2016 12:00
China's Ministry of Commerce said it hoped the Indian government could conduct a fair, transparent investigation in line with WTO rules.
China has expressed serious concern over India initiating an anti-dumping probe against Chinese steel products as it sought a 'fair' and 'transparent' investigation in line with WTO rules.
China is highly concerned by Indian trade remedy measures against Chinese steel products, the Ministry of Commerce said on Wednesday
.
Excess steel production capacity is a global challenge.
Countries should unite to face up to it, rather than abuse trade remedy measures, the Ministry said in a statement, adding that China and India should "properly handle trade frictions."
The ministry said it hoped the Indian government could conduct a fair and transparent investigation in line with World Trade Organisation (WTO) rules, and refrain from trade remedy measures.
India launched an anti-dumping investigation in April into hot-rolled steel coils imported from China.
It is the fourth such probe against China this year, state-run Xinhua news agency reported, citing the statement.
China has expressed serious concern over India initiating an anti-dumping probe against Chinese steel products as it sought a 'fair' and 'transparent' investigation in line with WTO rules.
China is highly concerned by Indian trade remedy measures against Chinese steel products, the Ministry of Commerce said on Wednesday
.
Excess steel production capacity is a global challenge.
Countries should unite to face up to it, rather than abuse trade remedy measures, the Ministry said in a statement, adding that China and India should "properly handle trade frictions."
The ministry said it hoped the Indian government could conduct a fair and transparent investigation in line with World Trade Organisation (WTO) rules, and refrain from trade remedy measures.
India launched an anti-dumping investigation in April into hot-rolled steel coils imported from China.
It is the fourth such probe against China this year, state-run Xinhua news agency reported, citing the statement.
Source: DNA India
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