China vows to fight US and EU over anti-dumping measures | Law

China vows to fight US and EU over anti-dumping measures

Dr Weihuan Zhou speaks to news.com.au (17 December 2016) regarding China’s vow to take action against the west over the scrapping of trade promises it claims were made 15 years ago.

Dr Zhou said, “Firstly, China may not have a measure to argue against until the US and EU actually apply the non-market economy methodology by using surrogate prices/costs in an anti-dumping case.” 

“Secondly, even if they did use surrogate prices/costs in calculating dumping margins, it may find a justification under the WTO Anti-Dumping Agreement," he said.

“Third, a WTO dispute can take years to resolve. During the period, the US and EU are unlikely to change their practice, and China... may be likely to take retaliatory actions including by imposing antidumping measures.”

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