综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

WTO formally investigates Chinese tariff

(AP)
Updated: 2006-10-27 11:47

Geneva -- The World Trade Organization launched its first formal investigation into allegations of Chinese trade practices Thursday, establishing a panel to examine whether China's tariffs on the import of foreign auto parts break international trade rules.

The complaint was made by the United States, the European Union and Canada, whose first request for a panel was blocked by China in September. Under WTO rules, a panel is established automatically with the second request.

The three trade powers alleged that it is illegal for China to apply a tariff for whole cars to the import of parts that make up 60 percent or more of the value of the finished vehicle.

"These measures discourage auto manufacturers in China from using imported parts in the assembly of new vehicles," US trade negotiator David Shark told the WTO's dispute settlement body, adding that the practice could not be justified under the global trade body's rules.

China argued that the tariffs are intended to stop whole cars being imported in large chunks to avoid higher tariff rates for finished cars.

China's WTO delegation expressed disappointment that the US, EU and Canada had "ignored China's arguments and good faith to resolve this dispute through consultations" and decided to proceed with the panel request, a "unproductive" move.

A previous dispute between Beijing and Washington over a Chinese tax rebate for semiconductor chips was resolved during the consultation phase, meaning a full WTO investigation was avoided.

China said it would defend its position and interests before the panel.

The investigation could last months and even years before a final judgment, but could eventually result in punitive tariffs being imposed on Beijing.

China's auto industry has grown rapidly and it is now second only to the United States. However, manufacturers have to source 40 percent of parts by value in China to avoid the tax.

European carmakers account for between 20 percent and 25 percent of the cars made in China. They value their auto-parts exports to China at about US$4 billion.

The United States exported US$681 million in auto parts to China in 2005, an increase of 6.5 percent over 2004. But during the same time, the market for auto parts in China increased by 16.8 percent and the number of passenger cars sold in the country jumped by 27 percent.

Canada says it exported an average of US$256 million in parts annually from 2003 to 2005.

China's trade boom has caused friction with major European and American partners, and this dispute marks the first time the Western allies have teamed up to seek a formal WTO investigation over China's trade practices.

Earlier this month, the US asked China to provide the WTO with details of all subsidy programs and take action to remove those that are prohibited under global trade rules.

 
 

Related Stories
 
奉节县| 南涧| 称多县| 泸州市| 丰镇市| 伽师县| 筠连县| 高密市| 惠东县| 库伦旗| 恩平市| 华亭县| 高安市| 曲周县| 怀宁县| 达拉特旗| 湖北省| 且末县| 四平市| 肥东县| 麦盖提县| 孝义市| 盐城市| 阳泉市| 大安市| 武宁县| 绿春县| 洛南县| 东城区| 法库县| 海原县| 黑龙江省| 增城市| 中江县| 安达市| 都兰县| 无锡市| 扎赉特旗| 稻城县| 铜鼓县| 天台县|