Home / Knowledge / News / China biggest victim of trade-protectionism
China biggest victim of trade-protectionism
28
Dec '09
WTO data reveals that, China has suffered the most number of countervailing investigations in 15 consecutive years. Figures for the previous year reveal that, China alone was involved in 35 percent of global anti-dumping cases and 71 percent of global countervailing cases.

Data from China's Ministry of Commerce also shows that as of November 3 this year, 19 countries or regions in total, launched 101 trade remedy investigations on China's products, involving more than US $11.68 billion.

China is also the biggest target of trade protection measures of the United States this year. Data from the U.S International Trade Commission indicate that the United States implemented about 50 cases of various trade protectionist measures in the first 11 months of this year, among them, more than half directed at China.

According to statistics of China's Ministry of Commerce, so far this year trade remedy cases imposed on China by the United States amounted to US $5.84 billion, an increase of 639 percent year on year.

Vice-President of Shanghai Institute of International Studies Chen Dong Xiao said, "Sino-US bilateral trade volume has nearly quadrupled since 2003, but trade friction ratio of total trade volume is generally not more than 5 percent, the proportion of this year is only about 3 percent."

The Global Trade Warning Office under British Economic Policy Research Center issued a report on December 15, saying China has become the world's biggest victim of trade protectionism.

There is inevitably a direct ratio between the protectionist measures experienced by China and China's export size. However, China accounts for 8 percent of global export, but encounters 35 percent of global anti-dumping cases and 71 percent of global countervailing measures, which clearly indicates an imbalance.

Fibre2fashion News Desk


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search