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Saturday, July 21, 2001, updated at 10:52(GMT+8) | ||||||||||||||
Business | ||||||||||||||
China Seriously Concerned over U.S. Investigation on China's Steel ProductsChina is seriously concerned over the recent investigation of the United States on China's steel products using the Section 201, said Gao Yan, spokeswoman of the Chinese Ministry of Foreign Trade and Economic Cooperation (MOFTEC) Friday.She pointed out that the Chinese government will go all out to protect the legal rights of the Chinese steel industry, paying close attention to the 201 case. She said China has noticed that the U.S. International Trade Commission (USITC) registered to investigate over four steel products imported from countries and regions including China on June 28. The four steel products include carbon-alloy steel bars, carbon- alloy steel plates, carbon-alloy steel tubes and stainless alloy tool steel. She said the investigation will be carried out according to Section 201 of the U.S. 1974 international trade law, aiming to determine whether the imported products would threaten or harm the U.S. domestic relevant industries.
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