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Home > News > Industry Activities > MC: China—Biggest Victim of Trade Remedy Restrictions

MC: China—Biggest Victim of Trade Remedy Restrictions

By CFM , 2015-07-27 01:33:14

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According to CCTV News, in the first half of 2015, China has its trade remedy investigation cases decreased 30% on year-on-year basis. However, China remains as the biggest victim of international trade remedy restrictions.

In the first half of the year, there were 37 investigation cases undertaken by 14 countries or area against China, involving 3.5 Billion USD with a decreasing rate of 34% on a year-on-year basis. It was analyzed that the main body of proposing the investigation were member countries of G20. Within which, there were 6 cases initiated by USA and it is worth noting that the cases filed by Latin America has increased 27%, comparing with that of last year.

Press Spokesman of Ministry of Commerce of People’s Republic of China, Mr. Shen Danyang indicated that trade frictions often occurs in Hardware Industry, Chemical Industry, and Light Industry while the high-tech and high value-added export products suffers from the restriction in a growing tendency. In the first half, the anti-monopoly cases against concentraction of undertakings were 55% increased comparing with that of last year.

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