US in­ves­ti­ga­tion of ply­wood im­ports from China ne­glects WTO rules: MOFCOM

Global Times - - Biz Update -

China’s Min­istry of Com­merce (MOFCOM) on Tues­day ex­pressed “strong dis­sat­is­fac­tion” with a rul­ing by the US over hard­wood ply­wood im­ports from China, say­ing that the US ne­glected WTO rules in its in­ves­ti­ga­tions.

The US Com­merce Depart­ment said Mon­day that hard­wood ply­wood prod­ucts im­ported from China were be­ing dumped in the US mar­ket, and it set an anti-dump­ing duty of 183.36 per­cent and anti-sub­sidy du­ties rang­ing from 22.98 to 194.9 per­cent.

The US Com­merce Depart­ment has ig­nored WTO obli­ga­tions and com­mit­ments by con­tin­u­ing to adopt the dis­crim­i­na­tory ana­logue coun­try method in anti-dump­ing in­ves­ti­ga­tions against China, Wang He­jun, head of MOFCOM’s trade rem­edy and in­ves­ti­ga­tion bureau, said in a state­ment posted on the min­istry’s web­site.

The US Com­merce Depart­ment de­clined to con­sider ev­i­dence pro­vided by Chi­nese com­pa­nies, en­tirely dis­torted the ac­tual pro­duc­tion process of the firms and ex­ag­ger­ated the dump­ing rate in an un­rea­son­able man­ner, the of­fi­cial noted.

In its anti-sub­sidy in­ves­ti­ga­tion, the US also ig­nored WTO rules and de­ter­mined a higher sub­sidy level by mak­ing up sub­sidy pro­grams such as of­fer­ing low-priced raw ma­te­ri­als, he noted.

“Un­rea­son­able US ac­tions and rul­ings will se­ri­ously hin­der China’s ex­ports of hard­wood ply­wood and dam­age the in­ter­ests of Chi­nese com­pa­nies,” Wang said.

Dur­ing US Pres­i­dent Don­ald Trump’s visit to China last week, the lead­ers of China and the US reached a con­sen­sus to con­tinue to ad­vance eco­nomic and trade co­op­er­a­tion for mu­tual ben­e­fit and win-win re­sults, Wang said.

He also noted that China hopes the US will stick to this con­sen­sus and con­duct in­ves­ti­ga­tions based on WTO rules.

China hopes to re­solve the is­sue through talks and con­sul­ta­tions, Wang was quoted as say­ing in the state­ment.

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