The EU's China bike continued with 48.5% high anti-dumping duty

Since 1993 the anti-dumping duties imposed by the EU and to raise a tax rate, after 17 years later, China bike yet get rid of this bad luck.

Yesterday, the EU imposed on China bike for a period of 5 years 48.5% anti-dumping duty expire once again start the sunset review of the investigation, in up to 15 months of investigation, will continue to levy on China bike 48.5% anti-dumping duty. The business news, yesterday confirmed from China Ministry of Commerce, Department of Commerce and Chamber of Commerce for import and export of electromechanical products in China will bring together enterprises prepare litigation matters.

China mechanical and electrical products import and export Chamber of Commerce, Senior Trade Commissioner, bike Sub-Council Zhang peisheng yesterday told reporters that the high level of anti-dumping duty on bicycles hit China-EU exports. China's previous exports to the EU each year two million vehicles, bicycles and anti-dumping duties imposed an atrophy after market, in particular tax rates increase, China bike on EU exports fell to hundreds of thousands of vehicles, last year was around 70 million units.

EU since 1993 's anti-dumping duties imposed bicycle, in July 2005 by the anti-dumping duty rates of the original 30.6% upward to 48.5%. "Affected or the more serious, at present, China's entire bicycle industry exports to the EU without Almanac an enterprise scale, can export thousands of bike very few enterprises, China's export to other markets have faster growth, such as the United States market 85% ~ 90% of all bicycles from China. Our global markets, export bike 5000 million, accounting for nearly half of global market share, but in the EU market share are few. "Mr. peisheng said.

The EU market have more difficult? Tianjin wheel bike group co., Ltd. General Manager Yang Feng on this deep understanding of the EU market accounted for the original exports 60% of enterprises, but the anti-dumping duties levied 48.5%, exports to the EU after bicycles dropped to zero. "We were forced to adjust product structure, in accordance with the relevant provisions of the EU, if a bike 60% following parts production in China, more than 40% of production in the EU will not be included in the imposition of anti-dumping duties, we had to cooperate with the EU customers, to export parts, but exports and margin decreased significantly. In addition, in order to reduce the impact of EU, us over the past few years in the United States, Canada, and other export markets. "Yang Feng yesterday told reporters that he will participate in the next week on responding to the EU" sunset review of the investigation through actively respond to abolish the EU 48.5% anti-dumping duty.

In addition to the positive response, the bicycle business through other ways to break through the blockade of the EU anti-dumping. Love to ya bicycle co., Ltd has the factory to the Member States of the EU, not only in Poland may successfully avoid anti-dumping, the greater the benefits but also to enjoy the EU's tariff-between Member States. Love to ya, Chief Operating Officer of Li Wen, in any case it is not possible to automatically discard massive EU market, dumping the most effective way is to the EU's "backyard" to open a factory.