Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping
English websites of Chinese embassies




Home >> Business
UPDATED: 21:40, December 12, 2006
Most Chinese shoemakers shy away from appeal against EU
font size    

Only 14 of China's 1,200 shoe manufacturers were expected to follow through and file a lawsuit against the European Union's anti-dumping tariffs before the appeal deadline of Dec. 16.

The complicated, long drawn-out appeal process -- not to mention the huge cost -- had scared companies off, said Guo Weiwen, general secretary of the China Alliance in Response to EU Anti-Dumping of Chinese Footwear.

Most small and medium-sized shoemakers prefer to adapt their products and reorient exports, or even retreat from the EU market, said Guo.

Yu Shengxing, a lawyer familiar with the case, said getting the tariff revoked will be very difficult. However, he thought the situation was encouraging compared with previous cases when only one or two companies chose to appeal.

On October 7, the EU slapped a two-year 16.5 percent anti-dumping tariff on China-made shoes and 10 percent on Vietnam-made shoes.

The EU has recently updated its trade remedy policies which were labeled as "outdated" by EU Trade Commissioner Peter Mandelson.

Local experts said this could mean further EU restrictions on Chinese exports, which may sour the bilateral trading relationship.

The EU is China's no.1 trading partner. Trade hit 218.9 billion U.S. dollars in the Jan.-Oct. period, and is expected to surpass 250 billion U.S. dollars for the whole year.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
Dic

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Versions:
Copyright by People's Daily Online, all rights reserved