Home Categories political economy Cases (Sixth Series): Prevention and Response to Anti-dumping in the Post-WTO Era

Chapter 6 Prevention and Response to Anti-dumping in the Post-WTO Era

In November 2001, the World Trade Organization reviewed and approved China's application to join the World Trade Organization. In December, China officially became a member of the World Trade Organization. Five years later, China ended the transition period after joining the WTO, and the Chinese economy was further integrated into the WTO. into the world economy.After nearly 30 years of growth in the Chinese economy, the overall economic strength has been greatly improved, and the number of international trade exports of Chinese enterprises is also increasing. At present, my country's total foreign trade has ranked among the top in the world.But at the same time, the cases of "anti-dumping" and other trade barriers encountered by Chinese enterprises in international trade are also rising sharply. According to data, since my country's export products were complained by the European Union in 1979, as of the end of 2006, the number of anti-dumping cases encountered by Chinese enterprises has reached 400. Many cases, ranking first in the world, China has become the hardest hit area of ​​anti-dumping.

Although from a certain point of view, as a country's economic development gradually integrates into the global economy, it will inevitably encounter international trade barriers such as anti-dumping. However, even so, when we searched for anti-dumping data and decided to do the topic of "how to deal with and prevent anti-dumping", we found that, taking our country as an example, there are some anti-dumping The data is still quite astonishing. For example, in the process of searching for information, we found that the industries and types of anti-dumping were so many and miscellaneous, and the anti-dumping duties were so high that it was shocking. There are all kinds of lighters, ceramics, glass, color TVs, etc., and some products are subject to dumping duties as high as several hundred percent in some countries. This practice of collecting anti-dumping duties to protect the interests of similar products in the country is often There are countless examples of products from the exporting country that are subject to dumping duties being withdrawn from the market and eventually abandoning operations in the country.

After entering the WTO, with the rapid elimination of various tariff and non-tariff barriers, anti-dumping will become a unique and effective trade policy tool for various countries, and its importance will become increasingly prominent. According to relevant WTO rules, other WTO members can If my country's market economy status is not fully recognized within 15 years, once dumping occurs, it will often look for a substitute country to determine the degree of dumping. In responding to anti-dumping lawsuits, obtaining market economy status is the key, which means that China's Some companies still have nearly ten years of time, and they may fail in anti-dumping lawsuits at any time because their market economy status is not recognized, and high anti-dumping duties will be imposed.

Today, many years later, after encountering numerous anti-dumping cases, Chinese enterprises no longer have any fear of anti-dumping. However, most enterprises still have a vague understanding of how to deal with and prevent anti-dumping.This is why the topic of "anti-dumping" that has been discussed again and again is still discussed today.With the further opening up and development of my country's international trade, dealing with anti-dumping is no longer simply a matter of hiring a lawyer to fight a lawsuit when it is sued against "anti-dumping", and responding and preventing it from the legal aspect, which involves all aspects of the enterprise , and accounting data is an aspect that cannot be ignored. Its role and key can be seen from the case content of this issue.This is why we conduct in-depth accounting interpretation in addition to legal prevention and response.It is undoubtedly correct to actively respond to anti-dumping. In the theme case of this issue, we can see that the attitudes adopted by the two companies that have encountered anti-dumping are already "history", while the other has not yet been finalized. conclusion.

On March 31, 2007, the "Wall Street Journal" of the United States reported that the US Congress was urging the Bush administration to apply the anti-subsidy law to Chinese companies. The bill aims to prompt Bush to lift the policy of impunity for subsidies imposed on centrally planned economies such as China and Vietnam. American companies can request trade protection against dumped or imported products that are sold below cost.” The US Department of Commerce has It said it would impose a preliminary tariff of 10.9%-20.4% on coated paper from China to offset the impact of government subsidies.And all along, countervailing and anti-dumping are closely related.

It seems that how to prevent and respond to anti-dumping is still a topic that we cannot ignore.
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