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People's Daily Online>>Opinion

Chinese industries not scapegoats of U.S. politics

By Mei Xinyu (People's Daily Overseas Edition)

15:12, March 23, 2012

Edited and Translated by People's Daily Online

The drama that has been performed in every presidential election year of the United States repeats in 2012. In order to show their concerns over "protecting Americans' job opportunities," every candidate is actively suggesting that the United States should adopt tough measures against China's "unfair trade practices."

U.S. President Barack Obama, using his administrative power, has already taken a series of actions to show his electors how firmly he fights against China's "unfair trade practices".

Recently, the United States made two moves successively. First, a few days ago, the U.S. Department of Commerce made a supplementary judgment for its preliminary judgment on the anti-subsidy case involving the high-pressure steel air cylinders imported from China, increasing the tax rate of the involved Chinese enterprises to 24 percent. Second, on March 19, the U.S. Department of Commerce made the preliminary judgment on the anti-subsidy investigation on the solar photovoltaic products imported from China, believing that the involved Chinese enterprises have implemented subsidies with rates between 2.9 percent and 4.7 percent, and therefore, it will track back 90 days to impose taxes.

More than 70 percent of global anti-subsidy investigations are against China, the biggest manufacturing country in the world. The two new moves made by the United States did not surprise China at all. However, it is obviously not objective that the United States attributes its industrial competitive failure to China’s subsidies.

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Leave your comment6 comments

  1. Name

PD User at 2012-04-0466.41.70.*
WOW! ... Very good Mr Mei Xinyu. State the facts as they are with the truth. Uncle Sam"s gloomy manufacturing industry is caused by himself. Emphasized foreign trade dispute is a smoke screen and diviation to blame domestic industry policies on foreign industry. A repeat in U.S. history reversed. Uncle doesn"t think We understand his motivation. Fact ...."laziness of the domestic industries". Like the way you call it as it really is. Thank You.
Canada at 2012-03-2470.36.49.*
The U.S. government bailed out the automakers GM & Chrysler in 2009. Wasn"t that an enormous subsidy?
Anthony at 2012-03-2499.251.111.*
Exactly! It is the same old "same old", I hope that China will not let U.S. politicians continue their tirades against them.
Jack Smith, USA at 2012-03-2324.26.135.*
Americans have become a nation of spoiled rotten brats. Jack Smith, USA
wende at 2012-03-2371.255.86.*
China should not only scream but must hit back with the same ferocity as US does give subsidies and tax breaks to a lot of its industries and farming. One can also add anti-dumping to the mix. Without hitting back, China will be treated like a piece of red meat that the wolfpacks will pounce on.

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