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The report said that the trade dispute between the European Union and the Chinese footwear industry is quite a twist. On the 19th of this month, officials representing the governments of the 27 countries of the European Union began to vote on the European Union’s executive body, the European Commission’s proposal to extend anti-dumping duties on shoes made in China and Vietnam for an extension of 15 months. The final vote was 15 votes against, 10 votes in favor, and the other two abstentions rejected the proposal. Whether to extend the anti-dumping tax on China's footwear industry is divided into two major camps: pros and cons. The party that is in favor is a country with a large concentration of shoe-making enterprises, such as Italy, Portugal, Romania, Spain, and Poland. In countries such as Britain and Sweden that have opposed tariffs, their shoe-making industry has basically shifted overseas. For example, Denmark, one of the EU countries that opposes anti-dumping duties with the most resolute attitude, said that the additional cost of taxation to consumers far exceeds the benefits obtained by shoe manufacturers. The Danish Deputy Prime Minister and Minister of Economy and Trade even publicly claimed that such unreasonable taxes imposed on importers and consumers in Europe would not be supported by the country.
According to the British "Financial Times" commented that the strategic significance of footwear is not even as good as yogurt, because the footwear industry is not predatory pricing can bring unfair competitive advantage of the industry. The basic view of countries opposing the prolongation of anti-dumping tax proposals is that the protection provided by anti-dumping measures will encourage manufacturers to solicit or argue for the continuation of these measures instead of focusing on making themselves more competitive.
The report said that this time, the European Commission proposed that the anti-dumping measures for leather shoes in China and Vietnam be extended for another 15 months. It also caused some dissatisfaction with the production of European shoe brands concentrated in Asia, such as Adidas and Puma. The “European Footwear Federation†representing these companies stated in the announcement that they were shocked by the European Commission’s decision to disregard most of the EU member states’ willingness to extend the anti-dumping tax on their own.
Next month, the EU member states are about to vote again. The result will determine whether or not the anti-dumping measures for leather shoes in China and Vietnam will be extended for another 15 months. The tax rate will remain unchanged. After the European Commission and the Trade Ministers' Meeting in December this year make a final ruling on this motion, the results of the ruling will be implemented in January next year. Therefore, the EU’s position on Monday played a crucial role in the final decision of the European Commission.
The report said that the financial crisis has aggravated concerns about protectionism, and the background of the financial crisis has undoubtedly added complexity and uncertainty to China’s “transportation to the EU shoe case†and also added new issues for China’s trade relations with the European Union. The stress factor. As a case of trade frictions that has suffered a lot in recent years, whether the EU will extend anti-dumping duties on China's footwear industry will also have a tangible impact on future Sino-European trade relations. (Hao Xiaolan)
Legal Media: Adding Variables to the Case of Losing Shoes in Europe
On the evening of November 30, French International Radio reported that the EU-China leaders held the 12th meeting between the Chinese Premier Wen Jiabao and the EU Presidency, Swedish Prime Minister Reinfeldt, European Commission President Barroso, and other EU leaders. The two sides agreed that in order to deepen the comprehensive strategic partnership between China and the EU, a message from the European Union in Brussels said that the European Commission will insist that the anti-dumping measures on leather shoes in China and Vietnam be extended for another 15 months and the tax rate will remain unchanged. Although the extension of the anti-dumping measures against leather shoes in China and Vietnam had been opposed by most EU countries, the European Commission has adopted a formal proposal text on this and will inform the EU governments.