久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

WTO says China can place duties of $645m on US imports

By Liu Zhihua | China Daily | Updated: 2022-01-28 09:29
Share
Share - WeChat
A logo is pictured outside the World Trade Organisation (WTO) in Geneva, Switzerland, September 28, 2021. [Photo/Agencies]

The World Trade Organization's ruling that authorizes China to impose $645 million of compensatory tariffs against the United States is a victory for multilateralism and free trade, and highlights the failure of the US to abide by WTO rules that it's obliged to follow, experts and business leaders said on Thursday.

Their comments came after the trade body decided on Wednesday to allow China to impose the tariffs. This followed China's challenge at the Geneva-based organization in 2012 against countervailing duty investigations by the US that led to the imposition of anti-subsidy duties from 2008 to 2012 on 22 Chinese products ranging from solar panels to steel wire.

China also challenged the US claim that majority government ownership is sufficient to treat an enterprise as a "public body".

"The ruling was of great significance to rebut the illicit countervailing practices of the US, protect the legitimate trade interests of Chinese enterprises and safeguard the multilateral trading system," the Ministry of Commerce said in an online statement.

The US must stop looking for any excuses and take immediate action to correct its wrongdoing in the trade remedy investigations against China, the statement said.

Analysts said the ruling has again sent a clear message that the US violated WTO trade rules. The decision also boosts global confidence in the multilateral trading system's authority, they added.

"The ruling is important to correct wrong practices in global trade by some countries. It is expected to serve as a measure to punish unilateral and hegemonistic behavior," said Huo Jianguo, vice-chairman of the China Society for World Trade Organization Studies.

Xia Aimin, CEO of Tianjin Shangdian Qinding Energy Technology Co, who previously worked for a company that went bankrupt after the imposition of US anti-subsidy tariffs, said the ruling was an example of "belated, but welcome justice".

Chinese solar panel products continue to be very popular on global markets thanks to their high level of quality and competitive prices, he said. Due to their experiences in recent trade disputes, Chinese companies are now better prepared to do business in global markets, Xia added.

Lin Shen, a researcher at the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, said the best way to conduct free trade, as the US always claims it wants to, is to observe the rules of the WTO.

It is groundless for some countries to negate China's status as being a developing country and make wrongful allegations about China's economic model, including criticisms of Chinese State-owned enterprises' ways of doing business, which abide by market rules, he added.

In November 2019, the WTO granted China the right to impose retaliatory tariffs of $3.58 billion on US goods after finding fault with some US anti-dumping measures against China.

In 2018 and 2019, the US also imposed additional tariffs on Chinese imports, but a WTO panel ruled in 2020 that the US was in breach of its WTO obligations.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 97婷婷狠狠成人免费视频 | 成人禁在线观看网站 | 欧美成人影院免费观 | 中文在线视频观看 | 在线满18网站观看视频 | 美女视频永久黄网站免费观看国产 | 日本不卡在线一区二区三区视频 | 国产成人久久精品区一区二区 | 纯欧美一级毛片_免费 | 在线播放日韩 | 久久欧美成人精品丝袜 | 毛片在线网站 | 国产黄色一级网站 | 欧美午夜三级我不卡在线观看 | 亚洲高清视频在线播放 | 久久免费毛片 | 欧美一级特黄特黄毛片 | 免费一级特黄欧美大片勹久久网 | 成人男女网18免费0 成人男女网18免费看 | 日韩人成| 国产片在线观看狂喷潮bt天堂 | a级毛片视频免费观看 | 欧美成人极品怡红院tv | 欧美特黄一区二区三区 | 日本视频免费在线播放 | 美女黄色网页 | 亚洲2020天天堂在线观看 | 黄色三级网址 | 成人18免费网 | 成人免费视频69 | 又黄又爽视频好爽视频 | cao在线| 欧美成人毛片 | 国产黄a三级三级看三级 | 国产免费福利体检区久久 | 亚洲精品一 | 免费中国一级啪啪片 | a级片免费观看视频 | 日本一区二区三区四区无限 | 亚洲在线视频免费 | 国产中文在线视频 |