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EU'S Trade Protection Measures Against China Began To Intensify Countervailing Efforts.

2012/7/16 19:36:00 33

Anti DumpingShoesCountervailingEU

 

Recently,

European Union

Frequent trade protectionist measures to China.

What is particularly noteworthy is that in addition to continuing to use the traditional "anti-dumping" means, it has begun to increase the so-called "countervailing" efforts.

In May 2011, the EU first used the "countervailing" approach to China's export of European coated paper, and recently claimed that HUAWEI and ZTE, two big communication companies in China, accepted the government's "illegal subsidy", aiming directly at China's high-tech and state-owned enterprises.


The current European Union is deeply trapped

debt crisis

With economic difficulties and high unemployment rate and large number of bankruptcies, it is difficult to curb the impulse of protectionism.

But the EU's trade protectionist measures have escalated from the traditional "anti-dumping" to "

Countervailing

"There are more profound considerations behind it.


First, prepare for the post 2016 era.

The EU has adopted more "anti-dumping" measures to combat the competitiveness of Chinese products.

Because it does not recognize China's full market economy status, the EU is very arbitrary and unfair when judging whether Chinese goods are dumping at its cost below the cost.

But the European Union is facing the deadline of automatically recognizing China's market economy in 2016, and the market economy status will become increasingly difficult to play.


Second, crack down on China's high-tech industry.

Traditionally, China has comparative advantages in labor-intensive industries, such as shoes.

clothing

And so on, often under the European Union's "anti-dumping" care.

However, with the rapid development of China's economy, the value chain of export products has also risen rapidly, and the competition between high-tech industries and EU enterprises has become fiercer.


Third, attack China's economic system.

At present, the EU economy is in deep trouble, but China's economy is still developing rapidly, which is in sharp contrast. This proves to a great extent that the EU's economic system is not entirely successful, and attacking the so-called "illegal subsidy" in China can divert the attention of the domestic population to its domestic economy.


But the EU's attempts to escalate protectionist measures are bound to fail, and may even throw themselves into stone.

The importance of the Chinese market to the European Union is much greater than that of the EU market.

The EU's upgrading of trade protectionism with China will only lead to double lose.

China can withstand the cost of economic slowdown, but the EU economy will be worse and harder to bear.

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