WTO New Report Brings China'S Shoe Companies Anti-Dumping Complaints

August 19th news to China

The European Union adds 85% to China's screws and bolts.

Anti-dumping rulings or no longer "one size fits all"

"If this decision is finally confirmed, it will have a huge impact on Chinese enterprises' winning or reducing losses in anti-dumping cases."

Cheng Da, chief expert of Beijing WTO affairs center, said.

According to experts, before the Chinese enterprises encountered anti-dumping cases, the respondent enterprises and other enterprises in the whole industry should be jointly and severally imposed anti-dumping duties.

If the EU's "one size fits all" tariff collection method for imported products is negated, it can only be instituted by industry or enterprise to initiate anti-dumping cases, and the "attack side" will be greatly reduced.

Trade experts believe that if the WTO panel report has been finalized, it will bring a revolutionary revolution to the trial of anti-dumping cases.

Edwin, a trade lawyer in Brussels, said that the current principle of "universal use" of a country's exporters as a whole will be changed.

Many export products in China are expected to benefit.

It is understood that at present, in addition to China's production of screw bolts, China's exports to the European Union's bicycles, textiles and footwear products also bear the burden of additional duties.

Cheng said that if our country wins in this case of "screw bolt" litigation, it will provide a reference for similar cases in the future.

"At least, the EU will be very cautious in dealing with similar anti-dumping cases in the future."

The ruling will help Chinese shoe companies.

"This news is a great benefit for our enterprises."

The Zhejiang Footwear Group of AOKANG, which is appealed to the EU high court for anti-dumping duties on China's leather shoes, was excited yesterday.

According to him, at present, the lawsuit between Chinese shoe enterprises and the European Union has reached the final stage in legal proceedings. The Supreme Court of the European Union is now soliciting opinions from the third party's European Commission and the court of first instance. If the third parties do not raise objections, China's shoe enterprises are expected to win the lawsuit.

The responsible person of China Leather Industry Association said that after the final conclusion of the WTO was announced, it could not only help Chinese shoe enterprises pave the way for the European litigation, but also help prevent other countries from "following suit" to anti-dumping against Chinese leather shoes and forming a "containment".