China Chides Eu for Anti-dumping Frenzy

by alexda - Date: 2008-09-17 - Word Count: 392 Share This!

XIAMEN, China, Sept 9 (Reuters) - Europe should recognise China's increasing competitive edge in low-end manufacturing and stop hitting Chinese firms with anti-dumping duties, a senior Commerce Ministry official said on Tuesday.


The European union has taken 12 anti-dumping actions against China in the past 12 months, in industries from preserved mandarins to energy-saving light bulbs, after concluding that firms were selling goods for less than the cost of making them.


Cheng Yongru, director of the ministry's Bureau of Fair Trade for Imports and Exports, said the EU should accept China's prowess as a function of the international division of labour.


"EU companies should adjust their mindsets to adapt to the globalisation trend. At the current stage of globalisation, China's advantages are in processing, low-end manufacturing and labour-intensive sectors," he said.


"The EU should realise this and work to improve their competitiveness in high-tech, the high end and in service sectors, where they enjoy more advantages," Cheng said on the sidelines of an investment conference in southern Xiamen.


EU trade chief Peter Mandelson, due to visit China Sept. 24-27, has long urged China to open up its markets to foreign goods and investments to counter calls in Europe for a tougher line against China and its soaring trade surplus.


Cheng was speaking a day after sources familiar with the matter said the 27-member EU was likely to keep in place anti-dumping duties on shoes imported from China and Vietnam while Brussels considers calls to renew them formally.

The levies, which had been due to lapse in October, were set to extend into 2009, the sources said [ID:nL870687].


Leading shoe manufacturers on Tuesday also expressed their growing concern about "the abuse of anti-dumping measures" in the EU and urged the bloc not to keep the shoe duties in place.


"The EU is shooting itself in the foot if it pretends that disrupting international supply chains benefits consumers, innovation and competitiveness," said Alberto Bichi, head of the Federation of the European Sporting Goods Industry which includes companies such as Adidas (ADSG.DE: Quote, Profile, Research, Stock Buzz) and Puma (PUMG.DE: Quote, Profile, Research, Stock Buzz).


Cheng said the EU was also backsliding on according individual Chinese companies market economy treatment, a designation that helps shield them from anti-dumping actions.


The EU has not granted China market economy status on a national level, arguing the state still plays too big a role in the economy.

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