Therebar cap EU’s recent decision to maintain the anti-dumping measures targeting certain iron goods from China is a form of protectionism, a Chinese expert said on Tuesday, while urging the EU to provide a transparent and fair market environment for all goods from China.
The EU recently issued a commission implementation regulation imposing a definitive anti-dumping duty on imports of certain iron articles originating in China following an expiry review.
The measures have been effective as they helped to reduce the volume of Chinese imports in the EU market, but the volume of imports remained significant during the period, according to the EU.
Repeal of the measures would result in a significant increase of dumped imports from China at injurious price levels and would further aggravate the injury suffered by EU industry and threaten its viability, according to a document released by the EU. Therefore, the EU Commission concluded that maintaining the anti-dumping measures against China was in the interests of EU industry, the document said.
The EU's anti-dumping measures against Chinese iron and steel-related products have a very long time span, which reflects the international competitiveness of the Chinese products, Yang Chengyu, an associate research fellow at the Institute of European Studies of the Chinese Academy of Social Sciences, told the Global Times on Tuesday.
While the EU has often claimed that the "cheap" prices of Chinese products harm the fair competition and interests of local EU companies, Yang said that this claim is not really valid under the multilateral trading mechanism of the World Trade Organization.
The EU has intensified its economic coercion targeting Chinese-related products, which shows its protectionist mindset, Yang said.
On December 10, 2016, the European Commission announced the launch of an anti-dumping investigation into cast iron products originating in or imported from China and India. On January 30, 2018, the European Commission issued an announcement regarding a final affirmative anti-dumping ruling on cast iron products originating in or imported from China, according to mysteel.com.
The EU has long adopted various trade restrictions on imported steel products, including the widely criticized global steel safeguard measures that have been implemented for several years, as well as more than 60 anti-dumping and countervailing measures against steel products from many countries and regions, He Yadong, a spokesperson for China's Ministry of Commerce told a regular press conference on October 12, 2023.
These measures disrupt the international trade order, push up downstream production costs, affect the interests of consumers, and are not conducive to the stability of the global industrial chain and supply chain, He said, and nor are they conducive to the long-term development of local industries and the healthy operation of the market.
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