Home>News Center>China
       
 

Rules prove China is not dumping TVs
(China Business Weekly)
Updated: 2004-04-04 09:51

There are mixed predictions on the upcoming final ruling on the US anti-dumping charge against Chinese colour TV sets, said local analysts who believe Chinese makers are innocent but are not sure whether economic or political principles will play a role in the case.

The US Department of Commerce (DOC) is expected to hand out its final ruling on April 15 after a preliminary ruling last November imposed anti-dumping duties on Chinese television makers from 27.94 per cent to 78.45 per cent.

Wang Xiaolin, lawyer representing China's largest TV maker, Sichuan Changhong Electric Co, said it is clear local companies did not dump their products.

"There is no doubt that the DOC adopted the wrong data, which led to the wrong preliminary result,"Wang said.

The DOC calculated the dumping rate on figures, provided by a website, which are groundless and unauthoritative, he added.

By defining China as a non-market economy, the DOC uses costs of production in a surrogate country, where material and labour costs are much higher than those in China, to calculate the normal value of Chinese exports.

This time, the United States chose India as the surrogate country, despite the fact China's TV industry has a much higher degree of competition and is in a full market economy.

Wang expected the DOC to change its idea after the Chinese companies put forth their argument during a hearing in early March.

"We gave enough documents to prove that the costs provided by Chinese companies should be admitted by the DOC because their raw materials are mostly imported from the so-called market economies such as Japan and United States (where the prices are lower than those in India),? Wang said.

A DOC investigation panel had been sent to China to check the costs of local TV makers.

Sichuan Changhong Electric Co, Xiamen Overseas Chinese Electronic Co (Xoceco), Konka Group Co and TCL Holding Co accepted the check.

The four companies were selected as respondents by the DOC in its anti-dumping investigations into Chinese-manufactured colour TV sets as they do not have the resources to investigate all 12 companies who responded to the case.

Other firms not selected will be subject to the overall dumping tariff levied against all Chinese TV exporters.

"They gave us an investigation list, requiring us to provide original certification of production costs, commodity prices and staff's salaries," said Li Yong, Xoceco's manager of the overseas department.

"We believe this trip has changed their idea about our costs, which is almost ridiculous incorrect in their preliminary ruling," he said.

"As far as I know, our costs are even lower than the Malaysian company involved in the case," he said.

DOC dismissed the dumping complaint against a Malaysian television set exporter while it gave the positive ruling on Chinese companies.

Yu Yongda, an expert on anti-dumping, said another element is enough to support that Chinese companies are not dumping.

There are usually two preconditions for any dumping charge.

One is that the company is selling products at prices lower than their normal value and the other is dumping causes damage to a country's national industries, Yu explained.

"There are few colour TV manufacturers in the United States and no national TV industry, so how can it be claimed that Chinese firms are dumping their products there?" Yu said.

Despite the proof, analysts are not optimistic China will win the case because sometimes economic rules do not have their say in the United States.

With the US presidential election looming, President George W. Bush has been on the defensive because of the loss of some 2.6 million manufacturing jobs since he took office, according to Lu Jinyong, a trade expert from the University of International Business and Economics.

"In election times, US political cliques often exert special pressure on Sino-US trade. In particular, some low competitive industries would seek government protection under political banners,?Lu said.

Last week, the United States filed the first WTO complaint against China since China joined the body more than two years ago, saying a higher tax on imported computer chips was unfair.

Just days earlier, labour groups led by the AFL-CIO asked the Bush administration to investigate what they said were widespread workers?rights abuses that keep China's labour costs low.

These disputes involving the bra, colour TV and wooden bedroom furniture industries have escalated trade frictions between China and the United States to a new high, Lu said.

The political disturbance will seriously cloud the outlook of the final ruling on the colour TV case, Lu predicted.

However, Wang said TV manufacturers will file a suit if the DOC fails to give a fair ruling.

There is precedent, Wang said.

Nine apple juice concentrate makers in China won a case against DOC for an anti-dumping ruling in February.

The US Court of International Trade ruled that the tariff rate on four of the nine companies will be zero, and those on another five companies will be less than 4 per cent.

Under the original DOC ruling, these makers would have had to pay anti-dumping duties as high as 51.74 per cent.

Chinese companies have also begun taking stakes on digital TV markets to offset the possible damage by the ruling.

The preliminary anti-dumping ruling has led to a stiff decline in China's TV exports.

Konka, TCL and Skyworth declared that they would chase high-end clients and win back what they had lost in their traditional markets.

 
  Today's Top News     Top China News
 

Job hunt an uphill battle for female graduates

 

   
 

Alstom confident in super rail tender

 

   
 

Mainstream of Sino-Japanese ties good: FM

 

   
 

Powell: Key intelligence piece on Iraq flawed

 

   
 

Americans warm to Beijing brand liquor

 

   
 

HK responds to US' HK policy act report

 

   
  HK responds to US' HK policy act report
   
  Senior gov't official defends suit in court
   
  Taiwan recount still up in air
   
  Japanese FM kicks off China visit
   
  100 homeless after metro site collapse
   
  NPC reviews HK Basic Law interpretations
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  Sex Education, a necessary evil?  
Advertisement
         
主站蜘蛛池模板: 亚洲另类第一页| 国产三级电影在线观看| eeuss免费影院| 成年女人免费观看视频| 久久精品九九热无码免贵| 精品一区二区视频在线观看| 在车里被撞了八次高c| 一线在线观看全集免费高清中文| 日本强伦姧人妻一区二区| 亚洲av午夜成人片| 欧美日韩精品一区二区三区高清视频 | 狠狠色丁香婷婷久久综合| 国产浮力第一页草草影院| 69国产成人综合久久精品91| 在线视频一区二区日韩国产| www.青青草| 少妇无码av无码专区在线观看| 中文字幕亚洲欧美日韩高清| 日本pissjapantv厕所自| 伊人婷婷综合缴情亚洲五月 | 欧美精品无需播放器在线观看 | 精品综合久久久久久888蜜芽| 国产三级在线观看视小说| 香蕉视频网站在线| 国产小视频在线观看网站| 国产激情视频在线播放| 国产粉嫩粉嫩的18在线播放91| 18精品久久久无码午夜福利| 国模吧2021新入口| 中文字幕天天躁日日躁狠狠躁免费| 日韩免费一区二区三区| 久久青草91免费观看| 最近免费中文字幕视频高清在线看 | 久久人妻av一区二区软件| 日韩一卡2卡3卡4卡| 久久精品中文字幕大胸| 日韩精品无码一区二区视频| 久青草无码视频在线观看| 最新69堂国产成人精品视频| 九月婷婷综合婷婷| 日韩毛片在线视频|