China in the WTO against the EU in the first case is expected to victory

United Kingdom in the Financial Times wrote that the World Trade Organization (WTO) Panel in a preliminary report found that the EU with the so-called "anti-dumping measures on imports of" product collection across the country tariff, in contravention of the global trade rules. This case involved the imports from China of screws and bolts, these products into the EU is facing up to 85% of the additional customs duties on the ground that the EU considers them below the market price at the European "dumping".

Reuters reported that the WTO Panel finds that the EU anti-dumping regulations violated international trade law and discriminatory. In particular, it rejects the EU towards non-market economies. In accordance with this policy, the EU is in fact the whole countries a single anti-dumping duties instead varies from Enterprise, unless the company proves that it is independent of the State.

This means that the EU must now be set separately for each company, shall set up unnecessary barriers. It cannot be the whole countries a common rate of tax.

In addition, it also means that since 8 years ago to join the WTO, China is expected to bring in their response to the EU in the first complaint case to win. Last July, China to the WTO proposes a first action for the EU, known as the European Union on China steel fasteners manufactured by the imposition of anti-dumping duties against global trade rules. It is reported that in EU imports of iron and steel fasteners, China accounted for about 60%. EU anti-dumping duties imposed Chinese companies, related taxes lowest 26.5%, up to 85%, directed more Chinese companies, which sell fasteners are widely used in automobiles, household appliances and machines, with annual sales of approximately $ 5.75 billion euros (about $ 51 billion RMB).

It is understood that this preliminary decision if, as expected, was confirmed in and wait for the next month, will force the EU reconfirmed its for the other non-market economies (such as Viet Nam and Albania) anti-dumping duties. (Editors: Guo caiping)