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Textile and other sectors to be hot spot of anti-dumping measures

Sep '09
Industry experts point out that international trade protectionism will further increase in the rest of the year, with the global economic crisis showing no sight of tapering off except for in a few European countries.

The German government has recently revised consumer regulations, which stipulate that no chromium residue could be detected in leather gloves and leather toys. The EU market has initiated the "Eco-card" on imports of leather products.

The "European Union's regulations on chemicals registration, evaluation, authorization and restrictions (referred to as REACH) were formally implemented on June 1, which has further raised the threshold of EU imports of chemicals.

The implementation of the regulations will have a significant impact on nearly 30,000 kinds of chemical products from China and the world, which involves mechanical and electrical products, textile and garments, toys, chemical fiber and other products.

The European Union has implemented a series of laws and regulations, which has made trade frictions diversified, technology-oriented, and concealed. More countries will take product quality and safety as excuses.

Restrictive measures and technical trade measures on China's exports of textile products have become main obstacles to China's textile exports, while trade barriers of intellectual property rights and corporate social responsibility also constantly increase.

In addition, China will suffer more 'countervailing' and other new forms of trade frictions and anti-dumping measures and investigations are expected to increase tremendously and will remain in the focus in the next two years.

From the industry point of view, iron and steel, textiles, machinery, shipbuilding and other industries will be hot spots of countervailing investigations.

Fibre2fashion News Desk - China

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