The United States frequently violates the rules of the World Trade Organization against me.
At a press conference held by the State Council Information Office yesterday, officials from the Ministry of Commerce criticized the United States for conducting "double counter" investigations against Chinese products in less than two months on average, calling it a clear violation of WTO rules. China has emphasized its right to protect its interests as a member of the World Trade Organization.
Gao Hucheng, deputy director of the Ministry of Commerce, pointed out that the U.S. has launched multiple anti-dumping and anti-subsidy investigations targeting Chinese goods such as non-road tires, composite woven bags, coated paper, standard steel pipes, and thin-walled rectangular steel pipes since last November. These investigations affect over $860 million in exports and the employment of 70,000 people across more than 500 companies. Such a high volume of "double counter" measures in such a short time is extremely rare in trade remedy history.
The "double counter" investigations not only target individual enterprises but also challenge China's government policies and institutions, significantly impacting the broader U.S.-China economic relationship. Gao noted that the U.S. has violated its own long-standing practice of not initiating anti-subsidy investigations against non-market economy countries for 23 years. By using an alternative country methodology to calculate dumping margins without recognizing China’s market economy status, the U.S. risks causing double taxation, which is explicitly prohibited under WTO rules.
China has consistently reiterated its right to take all necessary actions in response to the U.S.'s flawed "double counter" investigations. The ongoing trade tensions have raised concerns about the future of bilateral economic cooperation.
Additionally, during the press conference, it was revealed that since the establishment of diplomatic relations between China and the U.S. 28 years ago, bilateral trade has grown from $2.5 billion in 1979 to $266.7 billion in 2006—an increase of over 100 times. By the end of 2006, U.S. companies had invested over 50,000 projects in China, with actual investment exceeding $54 billion. Meanwhile, Chinese firms established over 1,100 enterprises in the U.S., investing approximately $3 billion through various channels.
Currently, China is the second-largest trading partner of the U.S., and it has been the fastest-growing major export market for the U.S. for five consecutive years, with an average annual growth rate of 24%—three times the U.S. growth rate in its major export markets and three times the global average. If current trends continue, China is expected to surpass Japan by the end of this year or early next year, becoming the third-largest export market for the U.S.
U.S. media have also highlighted that over the past decade, China’s affordable and high-quality products have saved American consumers over $600 billion.
Recreational Vehcile,Jmc Motor Home For Sale,Isuzu Recreational Vehicle,Jmc Recreational Vehicle
Kaili Special Automobile Co., Ltd , http://www.kailiwei.co.ke