国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Surrogate country system 'harms all'

By Zhong Nan | China Daily | Updated: 2016-12-14 06:56

Trade experts warned on Tuesday that a continuation of the surrogate country system in anti-dumping investigations by the European Union and the United States against China would damage interests of all the three parties in the long run and cost a huge amount of legal resources.

The comments came after China notified the Secretariat of the World Trade Organization on Monday that it had requested dispute consultations with the US and the EU regarding special calculation methodologies in anti-dumping proceedings.

"Every member must honor its international obligations, and the US and the EU are no exception," said Xue Rongjiu, deputy director of the Beijing-based China Society for WTO Studies.

The surrogate country approach expires on Dec 11, 2016, according to Article 15 of the accession protocol signed when China joined the WTO in 2001.

Under WTO rules, the request for consultation initiates a dispute in the WTO. Consultations give the parties an opportunity to discuss the matter and find a satisfactory solution without proceeding further with litigation. The discussion meeting will be held on a one-to-one basis.

After 60 days, if the consultations, which are usually held in Geneva, fail to resolve the dispute, the complainant may request adjudication by a panel selected by the WTO. The defendant party has the right to challenge the panel's ruling within a year.

Under such circumstances, a final adjudication will be made by a WTO committee within 90 days. The WTO will give 15 months to the defendant to carry out the final order. If the defendant does not follow the final decision within this period, the suitor party could apply trade retaliation measures, according to the website of the WTO.

China imported $1.88 trillion of goods from the EU between January and November this year. The US, in the meantime, also shipped $1.19 trillion of goods to the Chinese market, data from the General Administration of Customs showed.

"A trade war would certainly harm all of us because it would change the method for determining a fair price," said Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation, the think tank of the Ministry of Commerce.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
孙吴县| 封丘县| 乐陵市| 石门县| 龙泉市| 津南区| 三原县| 云浮市| 乐清市| 平凉市| 岳阳县| 昌黎县| 金沙县| 宁安市| 华池县| 诏安县| 新竹市| 新乡市| 景谷| 长垣县| 出国| 柘荣县| 改则县| 龙岩市| 黄平县| 九台市| 汉川市| 革吉县| 广宗县| 石狮市| 东莞市| 日喀则市| 集安市| 宜州市| 固原市| 蛟河市| 夏津县| 兴宁市| 墨竹工卡县| 德保县| 米林县|