Since China adopted a tough attitude towards Australia and restricted a variety of imported products, the country’s trade economy has been hit hard. Morrison rarely took the initiative to soften, and repeatedly called for the strengthening of Sino-Australian trade. However, after Australia, another country’s attitude has changed drastically. It has frequently shown favor to my country and has to immediately lift the anti-dumping investigation. This country is Ukraine. According to the Beijing Daily, the Ukraine Interdepartmental International Trade Commission issued a notice, deciding to terminate anti-dumping investigations against China and Russia’s aluminum wheels and not to implement anti-dumping on the products Measures, on the grounds that the applicant has now declared bankruptcy, and the measures are not consistent with Ukrainian national interests.
China responds to Ukraine’s anti-dumping investigation
In 2017, the European Commission issued a notice on the investigation and arbitration of anti-dumping measures against Chinese aluminum wheels, deciding to extend the anti-dumping period for five years, and the tax rate will continue to be maintained at 22.3%. The Ministry of Commerce of China expressed a view on this matter. Director Wang Hejun said that the price of aluminum wheels sold in China to the European market is higher than that in China, which is not a dumping. The market distribution of China’s aluminum wheel products is different from that of local European products. China is mainly exported through retail, but Europe is centered on the entire automobile market, so China’s export of aluminum wheels does not affect the local European industrial economy.
Wang Hejun said that the European aluminum wheel market has been sluggish, and China’s exports have largely helped the European market fill the gap. The European aluminum wheel industry has been under anti-dumping protection for 6 years. If this continues, China’s interests will be harmed to a large extent and the European automobile industry will also be implicated. Therefore, it is hoped that the EU can implement its opposition to trade protectionism, adopt reasonable trade protection measures, and create a market atmosphere of fair competition.
The reason behind Ukraine’s good news
Ukraine officially launched an anti-dumping investigation against China’s aluminum wheel industry in July 2019. So far, in just over a year, Ukraine has repented. , I don’t know if the EU has changed its view on China, or because the US government that Ukraine has always relied on has changed its owner?
The European Union has signed a comprehensive investment agreement with China not long ago and plans to approach China. Ukraine probably sensed the international situation and started to follow the trend. On the other hand, the new US government has been finalized, and Ukraine has gradually begun to change its views. Ukraine believes that the probability that the United States will help itself in the future is very small. In addition, considering China’s growing strength, it is necessary for Ukraine to ease relations with China. The most important thing to take this step is to reduce the conflicts between the two sides.
But you must know that in recent years, Ukraine has done Many things have harmed China’s interests. After the United States announced its boycott of Huawei, Ukraine followed suit and announced the ban on Huawei and the removal of existing equipment. In the later period, when China acquired Madasic Company, Ukraine was pressured by the United States again and came out to disrupt the situation, which led to the failure of China’s acquisition.
At that time, China did not choose to be patient because my country had already paid a large deposit to show its sincerity, and it also helped Madasic build a new plant. For this reason, Chinese investors filed a lawsuit in the International Court of Justice, demanding compensation from the Ukrainian government. After experiencing so many things, I believe that it will be very difficult for Ukraine to ease the relationship with China. The withdrawal of anti-dumping measures for aluminum wheels is only a drop in the bucket.
Nowadays, it is not only Ukraine but also Australia, but also The wrong decision is made to make up for it, but whether China can restore relations with China depends on China’s attitude. After all, there are many countries in the world that want to maintain long-term cooperation with China. Even without Australia and Ukraine, other partners in the industry can be found.