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Textile trade sanctions worry new orders remained cautious in summer - Textile - Screen Printing Sp by qyqy wang
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Textile trade sanctions worry new orders remained cautious in summer - Textile - Screen Printing Sp by QYQY WANG
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| Article Posted: 01/23/2011 |
| Article Views: 87 |
| Articles Written: 2394 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 849 |
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Textile trade sanctions worry new orders remained cautious in summer - Textile - Screen Printing Sp |
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Business,Business News,Business Opportunities
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Sino-US trade friction is not the shadow of the U.S. President Barack Obama's visit to China and dissipated.
Recently, with the tires safeguard Sino-US trade between the different types of the increasingly frequent anti-dumping anti-subsidy investigations, not only the Chinese tire industry, steel industry was seriously affected, has become shrouded in China Textile Clothing Industry heart of a nightmare.
"Will spearhead the future directed at textiles, has attracted industry attention." November 16, Willy Lin, vice president of the Textile Council of Hong Kong to our reporter said that under Section 421, in the 12 years after China's accession to the WTO the transition period (valid until December 11, 2013), the U.S. International Trade Commission of China entering the United States the right to decide whether the number of specific products increased substantially, which has been or is likely to cause "market disruption." If the Committee finds market disruption, may propose remedial measures, including tariffs against Chinese products or the implementation of import restrictions.
"And the 201 implementation of the global market under the terms of protection than the 421 is clearly designed for China's product market protection mechanisms, very destructive to China; And because tires safeguard an Obama administration is The first of these 421 successful cases, the industry worried that if they made similar allegations on textiles, a large-scale loss of orders. "
11 16, Dongguan Textile & Garment Industry Association Mr Chan interview with this reporter that the United States on protection of domestic industries and employment, do not rule out trade for textile and garment industry to take protective measures. "But in terms of product structure, making the U.S. anti-dumping measures introduced textile and garment industry is unlikely."
Earlier, President Hu Jintao attended the Asia-Pacific Economic Cooperation Organization of the 17th Informal Meeting of Leaders also pointed out recently, various forms of trade protectionism clearly on the rise, in order further to deal with international Financial Crisis, and promote full recovery of world economic growth, our commitment must not waver against protectionism, action can not relax.
The industry fear that a new trade barriers
In fact, as the market earlier expected, the U.S. decision has caused a chain reaction. Chinese Ministry of Commerce data show that after the United States, Argentina, Brazil, EU and other countries and regions have recently initiated on anti-dumping investigations of Chinese products including textile products.
Recently, the Hong Kong Trade Development Council, Trade and Industry Department, Hong Kong Textile Chamber of Commerce, "the United States mainland products (especially textiles and clothing) trade remedies Seminar" to discuss the response.
Analysis of the textile industry who point out that in our country Car Parts industry suffered blow after Steel , The textile industry most likely follow suit. At present the textile industry is still optimistic about the foreign trade situation, including fur apparel, fur products are under great shock.
"Textile exports should take early response." Willy Lin said, in addition to trade protectionism, the industry brought about by the green economy are also quite concerned about the revelation.
"A growing number of countries through Environmental protection And safety standards (such as REACH, CPSIA, etc.) to enhance product quality, but also increases the cost of the product and the formation of new market access threshold. For example, from recycled wool or cotton (information market) the system of textile products, price is not cheap, the reality is there sufficient market demand, it is worth further investigation. In addition, recycling of materials related to environmental protection and human rights areas, and sensitive issues of European and American countries have highly demanding?? Manufacturers have a responsibility to monitor the supply chain, whether by pollution, which would increase the pressure and the investment risk. "
Import and Export Fair Trade Bureau of the Ministry of Commerce Deputy Director Wang Xin pointed out that as the global economic downturn, national trade protectionism, China's export products has become the target of public criticism of trade friction. According to the WTO said the statistics show that over 40% of the current global anti-dumping investigations and 70% of the anti-subsidy investigations against China are facing China, the situation is very serious trade friction.
Wang Xin said the United States not only is the initiation of countervailing investigations against China than any other country, and most of the subsidies awarded by the high tax rate. He pointed out that under the tires safeguard encouragement, the U.S. textile industry and workers associations are considering the special textile China safeguard exports to the United States to apply, he encouraged the industry enhance the response capacity, improving product competitiveness, develop diversified markets, in response to various new challenges.
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