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China : EU might initiate 'dumping' research |
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2006-5-11
China : EU might initiate 'dumping' research
European Union is expected to begin removal investigations in opposition to some Chinese textile and garment products, a senior industry official warned.
Cao Xinyu, Vice-Chairman of the China Chamber of Commerce for the Import and Export of Textiles, said there could be allegations that Chinese exporters were selling some goods in Europe at below the cost of production.
‘Many industrial unions from European nations, in meticulously South European countries, have been organizing dumping claims with the European Commission against eight classes of Chinese textile goods,’ he said.
The under attack products include men's shirts, cotton towels, socks and underwear. China arrived at an accord with the European Union last June, releasing Chinese textile exports to the economic bloc from protection actions, but the accord does not rule out the likelihood of dumping arguments.
Cao said his chamber has laid exports of some categories under close examination. The chamber has informed domestic exporters of the likelihood of dumping allegations. It will make available them with additional information and lawful aid.
It is not apparent whether the European Commission will initiate official inquiry.
When it will do that is uncertain because there are natives within the European Union that sustain Chinese imports.
China's export of textile goods rose by 20 per cent in the first quarter this year, but information advocate various international purchasers, such as Wal-Mart, have changed consuming from other Asian nations.
Cao argued that the industry's expansion rate in the first three month was constant and ‘improved than predicted.’
Although, he said it was of modest worth to evaluate this year's exports with previous year because unique conditions tilted 2005's figures.
Because of fears of the European Union and the United States might abruptly shut the door to Chinese textiles many textile goods were dumped without planning.
European Commission began on Monday a public discussion work out intended at helping its impending tactical evaluation of trade and economic dealings between the European Union and China.
‘The commission will tempt all concerned parties to observe on how the European Union ought to deal with its rapport with China in the decade to come,’ the commission said in a statement.
Broadcasting the assessment last week in a speech, EU Trade Commissioner Peter Mandelson described China as ‘the major solitary challenge of globalization in the trade field.’
He said: Europe should get hold of China rightly, as a danger, a prospect and as a potential worldwide associate.’
Mandelson said the evaluation would be the center of attention on key challenges, such as intellectual property, market admittance topic and investment opportunities’ and would ‘sparkle a active dispute both within the European Union and in China.’
The Commission's Communication on the European Union's trade and economic rapport with China will be available in the last quarter of the current year.
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