　　 Zhang Wei, Vice President of China Chamber of International Commerce, slammed the US Tire Special Insurance "having bad impact"
This newspaper (Reporter Wenxun intern Wang Xiaoxue) "China and the United States tire protection has caused very bad international impact. The surge in US special safeguard measures against China may lead to more special security investigations will follow. It caused other WTO members to imitate, curb and limit the export of Chinese products." Zhang Wei, vice president of China International Trade Promotion Committee and China Chamber of International Commerce, interviewed this reporter recently pointed out that once U.S. President Barack Obama made the final decision to take measures, he believed China The government will not accept the unreasonable demands and measures of our country very calmly.
It is reported that after the United States formally launched an investigation on the special protection of China's tire products on April 29 this year, on May 18, India also launched an investigation into the special insurance for passenger car tires in China. This is India's fifth time in 2009. China initiated a special survey. The reporter learned that after responding to the U.S. China Tyre Special Protection Hearing in early August, the Chinese Tire Industry Delegation has now moved to India and participated in the August 21 hearing in New Delhi. Although Deng Yalu, secretary-general of the China Rubber Industry Association, stated that China is currently in a more favorable position to deal with the investigation of special safeguards in India. However, industry insiders are also worried that if the MeteorProsecution is passed, it may set off a wave of trade protection of Chinese tire products in other countries, leading to a greater crisis in China’s subsequent tire exports and production. On June 18, the Brazilian Foreign Trade Commission has decided to impose a final anti-dumping duty on passenger and cargo vehicle radial tires imported from China. The validity period is five years.
Zhang Wei said that other WTO members follow the United States to curb and limit the poor follow-up of Chinese products exports is not limited to the tire industry, such as German solar companies also began to require anti-dumping investigation of solar panels. "This series of events has worsened China's export environment. This is an absolute bad news for China's exports that have not yet fully recovered."
Zhang Wei said that Wan Jifei, chairman of the China International Chamber of Commerce, has recently sent a letter to US Trade Representative Ke Can and Donovan, president of the American Chamber of Commerce and Chief Executive Officer, on behalf of the Chinese business community to express high concern for the case and to firmly oppose the adoption of the US side. The attitude of trade protectionism. In the letter, President Wan Jifei clearly pointed out that “the investigation of Chinese tire special insurance and the rulings made afterwards sent a very wrong signal to companies in various countries that protectionism is an option encouraged by the U.S. government, including China. The willingness and confidence of the companies in each country to cooperate with the United States will inevitably suffer."
Zhang Wei said that once the special safeguard measures are started, Chinese industries will suffer more damage than the United States. He said that if there are 15,000 tire industry workers in the United States facing unemployment, then after the establishment of the special insurance, China will have more than 20 companies closed down and 100,000 workers will be unemployed. At the same time, the work of 100,000 people engaged in the import, distribution and transportation of Chinese tires will also be in jeopardy. In order to retain the work of a tire worker, levying tariffs on China may result in a reduction of 25 jobs for U.S. tire upstream and downstream companies.
According to the investigation procedures of the United States, the USTR (Office of Trade Representatives of the United States) has completed the consultation process with the Chinese government before August 24, and proposed relief measures to the President of the United States before September 2. “The Chinese government has actively communicated with the United States and hopes that the recommendations will not be finally submitted to the Obama administration’s desk. However, judging from the current situation, the proposal submission process is still in progress and has not been suspended.†Zhang Wei said that China The International Chamber of Commerce is also actively listening to the U.S. government, U.S. corporations, U.S. business associations, and U.S. legal institutions to understand the truth.
According to reports, the International Chamber of Commerce (ICC), headquartered in Paris, has also expressed its concern over the progress of the case. According to the person in charge of the ICC, as a global business organization dedicated to the principles of free trade, free enterprise, and free market for 90 years, ICC will take measures to counter the rising trend of global trade protectionism and urge all member economies including the United States to avoid abuse. Paul. The Chinese counterparts of the China International Chamber of Commerce and the China Council for the Promotion of International Trade (CCPIT) have also provided feedback to the Chinese counterpart in recent days. They generally stated that the Obama administration has realized that in addition to facing fierce opposition from the Chinese side on the issue of tire special protection, the opposition of US tire sellers, automakers and consumers is also increasing. They believe that the Obama administration will ultimately not take special safeguard measures.
"At the same time, we are also prompting Chinese companies to make good preparations." Zhang Wei said that once Obama takes the final decision to take measures, he believes that the Chinese government will not accept quietly unreasonable demands and measures from me. It will inevitably take additional measures. "Courtesy and reciprocity" will cause the trade between the two governments to antagonize each other. He believes that from the perspective of the China International Chamber of Commerce, it is believed that the government must have a variety of expectations regarding the trend and handling of the case. For enterprises, once this happens, companies should adjust the export structure and direction. It is reported that this year, China's tire companies have made significant adjustments to their export structure and opened markets in Latin America, Africa, and Eastern Europe. However, half of China's tire exports to the United States are so large that it is difficult to immediately digest, and companies are inevitably faced with the awful situation of closure. “Even if Obama finally rejects the proposal, Chinese tires and other export companies have also been seriously affected. At the same time, Chinese exports of electromechanical and consumer products have been hit by the expectation that China’s product exports will be curbed.†Zhang Wei Say.
View related topics: China and the United States tire special security case
Slewing Bearing Co.,Ltd. , http://www.slewingring-bearings.com