Home / Business / Business Highlights Tools: Save | Print | E-mail | Most Read | Comment
EU to probe dumping of Chinese aluminum wheels
Adjust font size:

The European Union plans to launch an anti-dumping investigation into China's exports of aluminum wheels.

The China Automobile Association (CAA) told the Beijing Daily that the EU Trade Commission is to open an official investigation into the dumping of Chinese aluminum wheels by August 14. If the anti-dumping charge is upheld, the EU will impose a tariff of up to 33 percent on Chinese exports of aluminum wheels for a 5th successive year.

The CAA said it will actively fight the charge and defend the legitimate rights of Chinese enterprises. "Chinese manufacturers export aluminum wheels to the EU at a higher price than in the domestic market, so it doesn't constitute dumping," said Xiong Chuanlin, CAA's Vice General Secretary. Xiong thinks the EU move is unnecessary, since Chinese exported wheels only have a small share of the EU market, and are positioned as middle and low-end products.

From last July to June 2009, China's exports of aluminum wheels to EU totaled US$390 million, making up less than 8 percent of the EU market. Overall, China's imports of auto parts from the EU far exceed the value of China's exports.

If the anti-dumping measures continue, they will not only impact Chinese producers but also undermine European multinationals' global operations and supply chains, which in turn will affect European consumers.

EU anti-dumping investigations usually last 15 months, but once the charge is in place, enterprises have to submit a response within 37 days. Chinese wheel makers are actively making preparations for the case. Even if an anti-dumping charge is upheld, the tariff imposed on them will be much lower than on companies that fail to respond.

For more information, please consult the original coverage in Chinese at:


(China.org.cn by Maverick Chen, August 13, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
- Dumping plea against Chinese aluminum wheels 'unfair'
- China's state reserve agency stockpile to buoy aluminum sector
- Aluminum purchase to boost prices in Shanghai
- Sichuan Aostar Aluminum closes production as prices slump
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?