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EU paper dumping probe draws threat
20/04/2010 12:00
The mainland is disappointed the European Union has decided to launch an anti-subsidy investigation into imports of coated paper, Ministry of Commerce spokesman Yao Jian said.
"China will closely follow this issue, and reserves the right to take necessary measures in accordance with [World Trade Organization] rules," Yao said.
The EU launched an anti-dumping investigation of mainland coated paper two months ago.
Increased trade protectionism is a major threat to the world economy recovery, Yao said.
"To create a win-win situation, China and the EU should settle trade disputes cooperatively," he said.
Ministry data shows the EU initiated seven anti- dumping investigations against the mainland last year. The EU is China's largest trade partner, with bilateral trade volume exceeding US$360 billion (HK$2.8 trillion) last year.
"China will closely follow this issue, and reserves the right to take necessary measures in accordance with [World Trade Organization] rules," Yao said.
The EU launched an anti-dumping investigation of mainland coated paper two months ago.
Increased trade protectionism is a major threat to the world economy recovery, Yao said.
"To create a win-win situation, China and the EU should settle trade disputes cooperatively," he said.
Ministry data shows the EU initiated seven anti- dumping investigations against the mainland last year. The EU is China's largest trade partner, with bilateral trade volume exceeding US$360 billion (HK$2.8 trillion) last year.
Monday, April 19, 2010
Source: www.thestandard.com.hk
Source: www.thestandard.com.hk
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