According to the website of the Ministry of Commerce of China, starting from June 29, 2022, China will continue to impose anti-dumping duties on imported carbon steel fasteners from the European Union and the United Kingdom for a period of 5 years. Relevant enterprises should declare and pay taxes to China Customs when importing these goods.
According to reports, as early as 2010, the Chinese Ministry of Commerce had decided to impose anti-dumping duties on imported carbon steel fasteners from the EU. Later, the deadline was extended multiple times, up to 12 years. After a review ruling, China’s Ministry of Commerce believes that if anti-dumping measures are terminated, imports of goods from the UK and the EU will cause damage to relevant Chinese industries.
Therefore, in accordance with the " Anti-dumping Regulations of the People's Republic of China ", China has once again extended its anti-dumping measures. China imposes anti-dumping duties on British and EU goods to protect its own industries, and it has relevant basis and is reasonable and legal.
In recent years, the Ministry of Commerce of China has promulgated a series of anti-dumping measures against Western countries. The EU and the United Kingdom are not the only exceptions. Prior to this, Australian wine, barley, beef and other commodities were also levied anti-dumping duties by China. Australia is also at the World Trade Center Organize a complaint on .
It is generally believed that China's anti-dumping measures against Australia are in response to Australia's suppression of China and are a countermeasure. The EU is also acting as an accomplice of the United States. As early as last year, the EU froze the China-EU Investment Agreement .
At the same time, the EU also hypes up China's human rights issues and uses this as a reason to impose sanctions on Chinese officials and entities. Subsequently, China immediately announced reciprocal countermeasures and imposed sanctions on 10 individuals and 4 entities in the EU that had seriously damaged China's sovereignty and interests, sounding the clarion call for counterattack.
Although the EU is not as high-profile as Australia, it has harmed China's legitimate rights and interests, so we must implement reciprocal countermeasures. The EU's suppression of China-EU cooperation is detrimental to both parties, especially the China-EU investment agreement, which is beneficial to both parties.
On December 30, 2020, the China-EU investment agreement negotiations were completed as scheduled. For this moment, the two sides have been waiting for 7 years and gone through 35 rounds of negotiations. The China-EU investment agreement requires both sides to expand market access and strengthen investment exchanges.
In fact, Chinese companies have been increasing investment in Europe in recent years, investing and setting up factories across Europe. Many companies have taken root in Europe for many years. The arrival of Chinese companies has created a large number of local jobs and boosted local economic growth.
However, European countries have not fulfilled their commitments. Not only have they failed to expand market access, they have also targeted Chinese companies. Many countries in the EU have put and Huawei on the "blacklist" on the grounds of national security, and have required domestic operators to dismantle Huawei equipment.
In the post-epidemic era, China is the only economy that maintains positive growth. For other countries, the Chinese market is becoming more and more attractive. Increased investment by Chinese companies in Europe can promote local economic development and help EU countries achieve economic recovery.
The China-EU investment agreement is mutually beneficial. If the EU follows the United States in anti-China, it will only end up losing more than it gains. The United States will not subsidize the EU's losses. Prior to this, after China imposed anti-dumping duties on Australian goods, American politicians also said that they would stand with Australia.
In fact, the United States has been sitting on the sidelines, and American companies are still seizing the Australian market share, taking the opportunity to increase exports to China and squeezing Australia out of the Chinese market. Not only did it fail to lend a helping hand, it actually made Australia worse.
For EU and British companies, after anti-dumping duties are imposed on products exported from China, their products lose their competitiveness in the Chinese market and will soon be replaced by competitors' products. Many EU countries attach great importance to the Chinese market.
Recently, Belgian Prime Minister De Croo said in an interview that China is an important partner of the EU. The EU cannot treat China like it treats Russia and should reformulate its China policy.
China has never excluded cooperation with other countries and is committed to achieving mutual benefit and win-win results. But cooperation is based on mutual respect, not favors from one party to the other. If the EU wants to rebuild cooperation with China, it must give up its suppression of China.
Regarding the EU, we must listen to its words and watch its actions. Since its establishment, the EU has been emphasizing independence and hopes to exert greater influence on the international stage. However, if it cannot get rid of the control of the United States, the EU will never be able to move to a larger stage.
