Friday, April 8, 2011

United States admit that China's "market economy status" pros and cons of

Recently, Assistant to the Rector of the University of international business and economics, international trade and economics professor and Dean, zhaozhong Sau, referring to the United States will promptly acknowledge full market economy status, said: "the market economy status," the most important, is not on a country's overall economic system, judgement, more reflected in resolving trade disputes "technology applies." Is recognized as the "full market economy countries", directly determine the Chinese export enterprises in the face of the situation of anti-dumping proceedings.

Anti-dumping case sponsors to be designated as "non-market economy countries", can be used with the country's economy had a third country (alternative) market prices to calculate the product of the "normal" price, not by the product's actual cost price. Because of the chosen alternative-country products manufacturing costs are often higher than the Chinese enterprises, China's enterprises in anti-dumping proceedings at a disadvantage.

"The United States to recognize China's market economy status, release a to cooperation in good faith. "Zhaozhong Sau said. But he noted that the United States abandoned the card you want to move, wants to win Chinese cooperation in other areas, such as new energy, increase the United States of high technology and product import, the expansion of financial and other high-end service industry market opening, etc. In these areas, the absolute position of the United States enterprise, certainly hope that the Chinese Government to further open up the product import and market access.

However, some experts have suggested that the Chinese Government does not have to hurry to secure full market economy status. As China get "full market economy status", will help the Chinese facing antidumping proceedings export enterprises are fairly treated, but may increase the threat of anti-subsidy investigation. The United States "countervailing bills", for example, anti-subsidy law does not apply to non-market economy countries, it can apply to a market economy-oriented industry. That is, as a means of trade remedy anti-subsidy investigation currently being evaluated as non-market economy countries, Chinese enterprises are not generally applicable. To start the anti-subsidy investigation, you will need the related field identified as "market economy-oriented industry." The United States, means for China's export business, can be generally applicable trade relief means you only have an anti-dumping investigation.

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