China has been subject to increasing foreign anti-dumping, anti-subsidy, protection measures and special safeguard investigations since its entry into the World Trade Organization. The number and the amount of money involved in such cases have been on the rise. China has suffered the most in anti-dumping investigation in the world for nine consecutive years.

According to Wang Shichun, director of the Bureau of Fair Trade for Import and Export under the Ministry of Commerce, China has suffered 46 anti-dumping, anti-subsidy, protection measures and special safeguard investigations from 12 countries and regions in the first three quarters this year, 4.5 per cent higher than the same period of last year. The amount of money involved reached US$1.1 billion, 1.5 per cent more than that of last year.

Starting from 1979 to the end of September 2004, 34 countries and regions launched altogether 665 disputes of anti-dumping, anti-subsidy, protection measures and special safeguard investigations against Chinese products, including 594 anti-dumping disputes, 2 anti-subsidy disputes, 58 protection measure disputes and 11 special safeguard disputes. More than 4,000 commodities are involved. Because of this China suffered a tremendous economic loss valued at US$19.1 billion in terms of foreign trade.

The top 10 countries and organization that launched the disputes of trade remedy measures were the US, the EU, Argentina, Turkey, Australia, South Africa, Mexico, Canada, and Brazil.

By People's Daily Online