Minerals_Ministry of Commerce: Strongly opposed to the dumping and subsidy decisions of aluminum extrusions in China
2022-11-06 10:05:06
Recently, the Canadian Border Service Agency made a final ruling on the anti-dumping countervailing duties on aluminum extrusions. It believes that the aluminum extrusion industry in China is not a market-oriented industry and has ruled high anti-dumping duties and countervailing duties. Yao Jian, a spokesperson for the Ministry of Commerce of the People's Republic of China, stated that the Chinese government and industry expressed strong opposition to this ruling.
Yao Jian pointed out that China's aluminum extrusion industry is dominated by private enterprises and the industry is fiercely competitive. The formation of product prices is entirely a result of market competition. Canada’s assertion that the industry is not a market-oriented industry is completely wrong. Second, while Canada uses alternative data to calculate dumping margins, it also imposes countervailing duties, which obviously has the problem of double counting that is not permitted by WTO rules and domestic laws. The Canadian side also has many mistakes in the investigation process, which seriously infringes on the legitimate rights and interests of the Chinese government and enterprises. The Chinese industry is evaluating the outcome of the final ruling, and the China Nonferrous Metals Industry Association has suggested that the Chinese government resort to the WTO dispute settlement mechanism. On March 17, the Canadian International Trade Tribunal will rule on the damage part of the case. China hopes to see the International Trade Tribunal make an objective and fair conclusion, and will take measures to actively safeguard the legitimate rights and interests of Chinese enterprises.
At the same time, Yao Jian also emphasized that China is Canada’s second largest trading partner. The two sides have many common interests in economic and trade cooperation. China and Canada should better resolve economic and trade frictions through bilateral dialogue and consultation.
Yao Jian pointed out that China's aluminum extrusion industry is dominated by private enterprises and the industry is fiercely competitive. The formation of product prices is entirely a result of market competition. Canada’s assertion that the industry is not a market-oriented industry is completely wrong. Second, while Canada uses alternative data to calculate dumping margins, it also imposes countervailing duties, which obviously has the problem of double counting that is not permitted by WTO rules and domestic laws. The Canadian side also has many mistakes in the investigation process, which seriously infringes on the legitimate rights and interests of the Chinese government and enterprises. The Chinese industry is evaluating the outcome of the final ruling, and the China Nonferrous Metals Industry Association has suggested that the Chinese government resort to the WTO dispute settlement mechanism. On March 17, the Canadian International Trade Tribunal will rule on the damage part of the case. China hopes to see the International Trade Tribunal make an objective and fair conclusion, and will take measures to actively safeguard the legitimate rights and interests of Chinese enterprises.
At the same time, Yao Jian also emphasized that China is Canada’s second largest trading partner. The two sides have many common interests in economic and trade cooperation. China and Canada should better resolve economic and trade frictions through bilateral dialogue and consultation.
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