Understanding China, One Blog at a Time

An American in China

Anti-Dumping and China

Posted by w_thames_the_d on December 3, 2013

Below is a comment from anonymous and my two pennies. Anti-dumping duties are designed to protect local manufacturers from unfair trade practices. ‘Dumping’ is one an example where firms from a country sell below their cost. They do this for many reasons
– gain market share
-support overcapacitized industries
-create employment
-drive out business in order to get a monopoly later

Selling below cost means a firm loses money. It also means that it is selling at a rate which is hard to compete with. As a result of dumping, indigenous firms collapse. Anti dumping laws are geared to protect from this.

The excerpt speaks to this issue but the real problem is that the Chinese have no ‘logic bone’ but only the ‘kill the family and make a buck’ bone. They have created twice as much capacity for solar panels than the world now needs. Yes, China did this.

Consequently, the Chinese need to drive sales and cutting price is the only way. They have staked their horses to this tech and when the industry dives, they will suffer. The EU is fighting back and the chicoms are pissed…

From anonymous

EU imposes anti-dumping measures on some Chinese solar panels

Brussels: The European Union will on Friday begin imposing anti-dumping measures on some Chinese solar panels whose manufacturers rejected an amicable settlement.

The two-year measures will enter into force on Friday December 6, said the EU Commission, and will apply to those panels produced by Chinese manufacturers who rejected a deal to diffuse a brewing trade war.

The Commission said in a statement that “the final anti-dumping and anti-subsidy duty rates will apply only to those exports from China which do not meet the conditions set out in the undertaking.”

China and the EU reached in July an amicable settlement under which Chinese exporters agreed to a minimum price to provide a floor to the market up to a certain threshold of imports, after which anti-dumping tariffs apply.

Inexpensive Chinese-made solar panels have flooded the European market in recent years, sparking complaints from European manufacturers.

This triggered the EU’s biggest-ever trade probe covering a market worth some 21 billion euros (USD 28.5 billion) initially, although this has since fallen dramatically due to overcapacity and tumbling demand.


One Response to “Anti-Dumping and China”

  1. Anonymous said

    wt: there is a comment of mine (made a few days ago) in “buy american” about an excellent documentary called “death by china”. did it arrive?

    here is another news from the sick man of east asia:

    Britain good for nothing but travel and study, Chinese paper claims

    Chinese government-run tabloid takes aim at David Cameron suggesting that the Prime Minister lacks sincerity and his country is no longer “a big power in the eyes of the Chinese”

    Britain is nothing more than “an old European country apt for travel and study”, a Chinese newspaper ranted on Tuesday as David Cameron touched down in Shanghai.

    Mr Cameron was on day two of a three-day mission intended to sell the best of British business, culture and sport to China while rekindling relations with the country’s top leaders following a long diplomatic spat over the Dalai Lama.

    But in a venomously worded editorial — which appeared in both the Chinese and English editions of the Global Times — the newspaper slammed the Prime Minister’s lack of “sincerity” towards Beijing and poured scorn on the nation Mr Cameron was in China trying to sell.

    “What Cameron does is out of his own political interest and the UK’s national interest. His visit this time can hardly be the end of the conflict between China and the UK,” said the article, entitled: “China won’t fall for Cameron’s ‘sincerity’”.

    “The Cameron administration should acknowledge that the UK is not a big power in the eyes of the Chinese. It is just an old European country apt for travel and study. This has gradually become the habitual thought of the Chinese people,” it concluded.

    read the rest: http://www.telegraph.co.uk/news/worldnews/asia/10490531/Britain-good-for-nothing-but-travel-and-study-Chinese-paper-claims.html

    …in the mean while: millions of chinese are selling their dirty asses and useless souls to leave their shit hole china to set foot in england and other countries with their awkward language skills…

    the toilet beijing uses the word “sincerity”…how funny..

    is there anything more ridiculous, low, ignorant, stupid and hopeless than chinese?

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