China Is World’s Top Dumping Offender
To absolutely no one’s surprise, the World Trade Organization released a report this week concluding that China has been the top target of anti-dumping investigations in the first half of 2010.
In the first six months of the year, China was the target of a total of 23 anti-dumping investigations, according to the WTO’s report.
That, however, is down from the 33 investigations launched against Chinese products in the first half of 2009.
China is far and away the leader in being investigated for illegal trade practices. The next closest in terms of anti-dumping investigations is the European Union, which was the target of just 11 investigations over the same time period.
The U.S., meanwhile, followed the EU as the subject of just five such investigations over the same period of time.
Overall, there were 69 anti-dumping investigations launched through June by 19 members. That is down 29 percent from the same period the previous year, when 97 investigations were launched by 18 different WTO members.
India was responsible for the highest number of complaints this year, according to the report. The country initiated a total of 17 investigations during the first half of the year. The U.S., which has claimed to step up its efforts to level the playing field in international trade, has initiated only two investigations, according to the report.
Of the investigations that resulted in trade remedies being allowed to be employed, China also led the way, the report found. In the first half of the year, China was hit with 25 of the 59 new anti-dumping measures levied against products. Overall, that is down from the 62 new measures applied in the first six months of 2009.
Although the U.S. has filed just two anti-dumping cases against Chinese exports at the WTO, many U.S. industries and businesses have accused China of illegally dumping products in the U.S. market at below value.
U.S. steel producers have asked the U.S. Commerce Department to look into China’s oil country tubular goods (OCTG) imported to the United States, which they claim are both highly subsidized and dumped in the U.S. market.
U.S. steelworkers also asked the Commerce Department to investigate Chinese imports of aluminum extrusion. According to the USW, in 2007 China controlled just 8 percent of the U.S. aluminum extrusion market, a share that jumped to 20 percent last year. Over that same time, prices of Chinese imports of aluminum extrusions have fallen 30 to 50 percent.