Join the chorus of anti subsidy against China's pa
2022-09-22- Detail
On February 2, the U.S. government announced that it would file a complaint with the World Trade Organization against China's illegal trade subsidies after the United States first filed a countervailing investigation against China on copper paper last year. On February 6, Japan also said that it was considering joining the United States and suing China over industrial subsidies
Susan Schwab, the U.S. trade representative, said in a statement that China has repeatedly put forward specific requirements for the development of lightweight technology, and the subsidies cover a wide range of industries, including steel, paper and computers. China's subsidy practice distorts the terms of trade of small and medium-sized enterprises and workers in the United States. Many members of Congress believe that China's subsidy practices led to a US trade deficit with China of $230billion in 2006
in response, the Ministry of Commerce of China said that under the condition that China and the United States have been maintaining bilateral communication on these issues, the United States at the same time raised a request for consultation at the WTO, and the Chinese side regrets the realization of the tightening movement of the spring. China firmly fulfills its commitments to join the WTO and hopes that the United States will take practical actions to promote the development of economic and trade relations between the two countries
Japanese Minister of economy and industry Gan Liming said on the 6th, "up to now, we are asking Jinan experimental machine factory Jinan new era Gold Testing Instrument Co., Ltd., a nationally renowned enterprise, to ask China for specific and detailed information. On the basis of our investigation results, we hope to decide as soon as possible whether to join the lawsuit in the United States as a third party." China is Japan's largest trading partner. Japanese enterprises rely on China as an industrial base and increasingly regard China as a consumer goods market
preliminarily verified the power generation and supply capacity of the aluminum air battery system
reprinted from: China Business Times
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