China complains of protectionism

Published: Nov. 8, 2009 at 11:57 PM

TIANJIN, China, Nov. 8 (UPI) -- China says rising trade protectionism resulting from the global financial crisis has led to a big jump in the number of anti-trade cases filed against it.

Chinese Commerce Ministry spokesman Yao Jian said 19 economies launched 88 investigations into Chinese products in the first nine months of this year, affecting $10.2 billion of its exports, the state-run Xinhua news agency reported.

The 88 cases against Chinese products included 57 cases of anti-dumping, nine cases of anti-subsidy, 15 cases of safeguard actions and seven cases of special protection, Yao said. He said some of the countries and regions, in efforts to speed up economic recovery, also sought to expand exports after failing to stimulate domestic demand by depreciating their currencies and raising subsidies.

"Such moves lead to the rising trade protectionism," Yao told a forum on international trade development in the port city of Tianjin near Beijing.

Yao said trade disputes with the United States are increasing, with Washington launching 14 investigations against Chinese exports in the first nine months of this year.

In the latest case, the United States last Thursday slapped anti-dumping duties on Chinese-made oil steel pipe exports worth about $3.2 billion.

© 2009 United Press International, Inc. All Rights Reserved.
Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints




Additional News Stories
Crude oil prices start day off (6 min)
FDA extends the use of the statin Crestor (10 min)
Professor: Peterson can't get fair trial (14 min)
Afghan avalanche death toll rises (35 min)
Start of America's Cup delayed again (45 min)
UPI NewsTrack TopNews (54 min)
Google takes on Facebook with new Buzz (57 min)
fark
It's not a Super Bowl party until someone loses a testicle
Man dumps liquid stink bombs and sprays 'Fart Spray' in a Wal-Mart. Half the shoppers don't notice...
Quack medicine: Lame duck shows disabled boy how to walk
When the police spot you stealing a backhoe, don't try to escape by driving it away down the freeway....
47-year old teacher facing jail for going topless for teen (with non-topless pic)
Stephen Colbert: "Sarah Palin is a f*cking retard"