Grave concern on US strict steps
The Ministry of Commerce Wednesday expressed its serious concerns about the tightened trade remedies made by US Department of Commerce. Fourteen measures released by US are meant to exercise strict control on <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />China’s products, by levying tariff on basis of labor cost and export duties. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
The Ministry hopes the steps adopted from US to carefully observe WTO’s anti-dumping and anti-allowance regulations in prevention of trade remedies becoming the tools for trade protectionism, saying it’s ineffective in leveling its domestic competitiveness by taking the measure of trade remedies to limit import, on the contrary, it would remind the followers to be in violation of world order.