1. China objects to India’s anti-dumping probe into Chinese steel

China objects to India’s anti-dumping probe into Chinese steel

China is highly concerned by Indian trade remedy measures against Chinese steel products, the Ministry of Commerce said yesterday.

By: | Beijing | Published: June 9, 2016 12:40 PM
The ministry said it hoped the Indian government could conduct a fair and transparent investigation in line with World Trade Organisation (WTO) rules, and refrain from trade remedy measures.(Reuters) The ministry said it hoped the Indian government could conduct a fair and transparent investigation in line with World Trade Organisation (WTO) rules, and refrain from trade remedy measures.(Reuters)

China is highly concerned by  against Chinese steel products, the Ministry of Commerce said yesterday.

Excess steel production capacity is a global challenge.

Countries should unite to face up to it, rather than abuse trade remedy measures, the Ministry said in a statement, adding that China and India should “properly handle trade frictions.”

The ministry said it hoped the Indian government could conduct a fair and transparent investigation in line with World Trade Organisation (WTO) rules, and refrain from trade remedy measures.

India launched an anti-dumping investigation in April into hot-rolled steel coils imported from China.

It is the fourth such probe against China this year, state-run Xinhua news agency reported, citing the statement.

China is highly concerned by Indian trade remedy measures against Chinese steel products, the Ministry of Commerce said yesterday.

Excess steel production capacity is a global challenge. Countries should unite to face up to it, rather than abuse trade remedy measures, the Ministry said in a statement, adding that China and India should “properly handle trade frictions.”

The ministry said it hoped the Indian government could conduct a fair and transparent investigation in line with World Trade Organisation (WTO) rules, and refrain from trade remedy measures.

India launched an anti-dumping investigation in April into hot-rolled steel coils imported from China.

It is the fourth such probe against China this year, state-run Xinhua news agency reported, citing the statement.

Tags: ChinaIndia
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