According to sources, the China Daily said, despite the World Trade Organization WTO has ruled that the EU originated in China's fastener high anti-dumping measures violate WTO rules, but the EU in the future, there may be the case that "a retrial."
Jiaxing Fastener Import and Export Enterprises Association Deputy Secretary-General Yang Feng Dan also said that Chinese government is worried that the EU will not be withdrawn as soon as possible fasteners imported from China imposed anti-dumping duties, for which the Chinese government will draft a document urging the EU to consider revocation of the anti-dumping measures.
As Jiaxing Fastener Import and Export Enterprises Association representative, one of the sheep Fengdan recently attended a meeting of the Ministry of Commerce.
In mid-July 2011, WTO rejected the EU's China fastener dumping in the EU market appeal, ruled that the EU against China imposed anti-dumping duties fasteners violated WTO trade rules.
January 2009, the EU decided to impose on Chinese steel fasteners from 26.5 to 85 percent anti-dumping duty .2009 July 31, China and the EU anti-dumping measures on legislative recourse WTO dispute settlement mechanism. The case as China in the WTO, the EU's first case of prosecution.
China is the world's largest producer of fasteners, the EU is the main market for these products .2010 fasteners Chinese exports to the EU totaled $ 600 million.
Although the Chinese fastener enterprises to the WTO, welcomed the ruling and believe that we can once again return to the EU market, but sheep Feng Dan said that in the short term things do not got it, she said, "Chinese manufacturers have to regulate the export and enhance the quality of fasteners is the first place, because the EU will likely fasteners imported from China will launch a new round of review and investigation. "
The WTO case on EU decision fastener was July 28, 2011 entered into force, the losing side has 10-15 months to amend the relevant regulations and revoke anti-dumping duties; the EU "is likely to want this to do, but will deliberately delayed or only partially implemented the WTO ruling. "
In this regard, China fastener manufacturers are very concerned about, "no doubt, WTO's ruling is absolutely China's victory, but we will pay close attention to the implementation of the EU's next." Dragon Fastener Co., Ltd. Pinghu Gu, general manager, said according to the root.
Experts believe that with the spread of the debt crisis in Europe, the next few months, China's exports will face more trade amendment initiated by the European Union and other trade protection measures.
It is understood that the European Commission on August 1 to submit the relevant notification to the Chinese side said China will continue to levy 48.5% of bicycle punitive tariffs; the same time, since mid-September, the EU will have ceramic tiles imported from China imposed a five-year punitive tariffs, the highest rate of 69.7%; In addition, the European Commission is also imported from China's glass fiber products, anti-dumping investigation to establish if the findings, the European Union the end of March 2012 imposed provisional tariffs on these products, and may be levied at the end of September for five years before the official tariffs.
EU officials said the Chinese products at low prices against the European Union counterparts, have to use tariffs and other counter-measures to protect EU producers, while industry analysts view the EU frequency Dance "trade protection" sword, but in reality intended to blackmail China expand the market, its China "fight and pull" of the trade policy was revealed beyond doubt the Chinese side should be prepared to deal with trade barriers coming more prepared.
This chaptersource:China Trade Information (http://en.zgxu.com),In this paper.