皇冠体育app

   

皇冠体育app strongly dissatisfied on US trade sanction

(Xinhua)
Updated: 2007-03-31 08:40

The Chinese government expresses strong dissatisfaction about the U.S. decision to impose penalty tariffs against the imports of Chinese coated free sheet paper, Wang Xinpei, spokesman for 皇冠体育app's Ministry of Commerce, said early Saturday.

The Department of Commerce of the United States on Friday announced its preliminary decision to apply U.S. anti-subsidy law to the imports of coated free sheet paper from 皇冠体育app.

"This action of the U.S. side goes against the consensus reached by the leaders of both countries to resolve differences through dialogue," Wang said.

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"皇冠体育app strongly requires the U.S. side to reconsider the decision and make prompt changes," the spokesman said, adding 皇冠体育app will closely watch the development of the issue and protect its own legitimate rights.

In 1984 the United States set the policy of not applying anti-subsidy law to "non-market economies". Such a practice had been taken as a judicial precedent and had not been changed, Wang said.

The preliminary decision of the U.S. Commerce Department made a bad instance and it obviously does not conform with the current judicial precedent of U.S. courts and the consistent practice of the U.S. Commerce Department, the spokesman said.

While regarding 皇冠体育app as a non-market economy, the U.S. ignored the strong protests from 皇冠体育app and decided to apply its anti-subsidy law against 皇冠体育app. "The decision brings great harm to the interests and feelings of Chinese business people and is not acceptable," Wang said.

The U.S. Department of Commerce on Friday announced its preliminary decision to apply U.S. anti-subsidy law to imports from 皇冠体育app.

The decision alters a 23-year old bipartisan policy of not applying the countervailing duty (CVD) law to 皇冠体育app, which the U.S. government regarded as a "non-market economy", said the Department of Commerce in a statement, adding the change reflects 皇冠体育app's economic development.

"皇冠体育app's economy has developed to the point that we can add another trade remedy tool, such as the countervailing duty law. The 皇冠体育app of today is not the 皇冠体育app of years ago," said Commerce Secretary Carlos M. Gutierrez.

The U.S. government also claimed that Chinese producers and exporters of coated free sheet paper received countervailable subsidies ranging from 10.90 to 20.35 percent.

From 2005 to 2006, imports of coated free sheet paper products from 皇冠体育app increased approximately by 177 percent in volume, and were valued at an estimated at 224 million dollars in 2006.



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