Dragon counters EU investigation into shoe imports
27 Jun '05
1 min read
China has taken a stand against an EU probe into its footwear exports and has claimed that Brussels is manipulating trade figures and creating trade tensions between China and EU.
Commerce Ministry spokesman Chong Quan stated that the China strongly counters the launching of an anti-dumping investigation by the EU that is being done without any practical or legal basis.
Chong informed that China had formally represented with the EU on the errors in calculating trade statistics and appealed EU to ensure its own data.
Last week, EU trade Chief Peter Mandelson announced an anti-dumping probe into imports of Chinese work footwear.
The commission had showed statistics of Chinese-made footwear import, which showed a hike of 700 percent in import volumes and a 28 percent drop in prices for six categories of leather and fabric shoes.
Chinese footwear industry would be compelled to pay punitive duties if the EU proves that the statistical data is correct.