China Automobile Association November 10, 2010 to respond to the president of the EU anti-dumping cases the results of my aluminum wheels: the European Commission's ruling that the destruction of the good development trend of China's auto industry and the EU, but also greatly hurt the Chinese car The feelings of industry practitioners and consumers. China Automobile Association said that it will retain the power to petition through the WTO trade dispute mechanism. It is reported that on May 11, 2010, the European Commission issued preliminary results on anti-dumping of aluminum alloy wheels originating in China and imposed a temporary anti-dumping tariff of 20.6% on the products involved. On October 28, 2010, the European Commission announced the final ruling on imported aluminum wheels originating in China: it was found that the import and export of the investigated products originating in China constituted dumping, the EU industry suffered substantial damage and dumping and damage There was a ruling of causation and it was decided that the anti-dumping tax would be levied at the final rate of 22.3%. Since the implementation of the above ruling on October 29, 2010, according to the EU's anti-dumping regulations, the implementation period of the final anti-dumping measures is five years. China Automobile Association said that in the context of the pressure of RMB appreciation in Europe and the United States, the final ruling of the case is a typical trade protectionism. Auto Association pointed out: 1. The European Commission does not recognize the status of China's market economy and ignores the fact that China's aluminum wheel industry is in full market competition in China. 2. Without analysis, the European Commission finds that the low price of Chinese aluminum wheel manufacturers' export products must be a very unreasonable government subsidy. 3. In the case, China’s imports accounted for only 11% of the market share. The European Commission considered the expectation for the future only on the basis of estimates that Chinese imported products would use the monopoly position to increase the price after taking advantage of the market. Fact-based analysis. 4. The inevitable trend of the international exchange of the automotive industry hinders the exchange of benefits to both parties, protection of trade protectionism, the knowledge of the country's backward industry. 5. At present, the benefits that Chinese manufacturing has brought to consumers around the world are obvious to all. Global division of labor and cooperation are trends. At present, the global automotive industry is also shifting to low-cost areas similar to China. Finally, China Automobile Association said that it will unite all industries and enterprises against all forms of trade protectionism and maintain a fair trading environment. Structural Steel,Concrete Rebars,Deformed Rebar,Rebar Hot Dipped Zinc Rebar,Mild Steel Rebar SHANDONG HUITONG STEEL CO.,LTD , https://www.cnmetalsupply.com
China Automobile Association responds to EU's anti-dumping measures for aluminum wheels in China