China’s commerce ministry said on Thursday that the European Union’s new trade rules against Chinese imports lacked awareness of World Trade Organization (WTO) rules, urging the EU to abide by those requirements.
Ministry of Commerce spokesperson Gao Feng made the remarks at a regular briefing in Beijing.
The EU agreed to new rules last week to guard against lower-priced Chinese imports, ending 18 months of wrangling over trade ties with Beijing.
When asked about the United States deferring a decision on anti-dumping tariffs on imports of Chinese aluminum foil and China’s non-market economy status, Gao said the phrase non-market economy showed “Cold War” thinking.
The concept of non-market economy countries does not exist in WTO rules and has only been adopted by some of the organization’s individual members, Gao said.
The Commerce Department in August imposed preliminary countervailing duties of about 17 percent to 81 percent on imports of Chinese aluminum foil. The Department will rule on the anti-dumping tariffs and whether to declare China a non-market economy on November 30.
China will report preliminary data for its September aluminum exports on Friday. Exports of the metal have been slipping in recent months, partly because of the US measures, analysts say.
Source:Arabnews
GMT 17:42 2018 Wednesday ,03 January
PML-N fulfilled its obligation to overcome country’s energy deficit: PMGMT 17:39 2018 Wednesday ,03 January
BP says to take $1.5bn hit on US tax reformsGMT 17:36 2018 Wednesday ,03 January
China factory activity accelerated in December: CaixinGMT 10:46 2017 Thursday ,21 December
China's economic growth to slow next yearGMT 17:25 2017 Tuesday ,19 December
GFH acquires two trophy Chicago properties for US $150 millionGMT 11:59 2017 Tuesday ,19 December
N. Korean incomes improving but far below SouthGMT 15:16 2017 Thursday ,14 December
EU agrees increases in fishing quotasGMT 12:32 2017 Thursday ,14 December
N. Korea's overseas financial network squeezed by USMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©