Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

China says U.S. move on imported Chinese-made fastener "rational"


Post Date: 11 Nov 2009    Viewed: 720

The U.S. rejection of an anti-dumping inquiry against China-made steel fasteners was "rational", a Chinese commerce official said.


An unnamed official of the Ministry of Commerce (MOC) said the move by the United States International Trade Commission (ITC) accorded with "market reality" and was "correct", as the products made by both countries had different target consumers, which would not encounter direct competition.


The ITC's move on Friday was a rare exception in the two countries' trade disputes as the U.S. agency nodded to all the other 22 inquiries in recent three years.


The official said China hoped the United States would honor its commitment made on the G-20 summit in Pittsburgh, and stay away from protectionism and abuse of trade remedies.


The United States should make decisions according to the World Trade Organization rules and market reality with objectivity and justice, the official said.


The U.S. Department of Commerce launched dual investigations on Oct. 14 requested by the U.S. manufacturer Nucor Fastener, which alleged that the Chinese imports enjoy unfair price advantages.


Fastener is a hardware tool that puts together two or more objects.


China has suffered heavily from trade protectionism which has been rising after the outbreak of the global financial crisis, MOC spokesman Yao Jian told a forum Saturday.


Yao said 19 economies launched 88 probes into Chinese products in the first nine months, involving 10.2 billion U.S. dollars of export goods. The two figures were 29 percent and 125 percent respectively higher than the same period last year.


In the first nine months, the U.S. launched 14 probes into Chinese exports, with a total value of 5.84 billion U.S. dollars, soaring by 639 percent from a year earlier.


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0281 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2