The European Commission warned on
Wednesday, ready to initiated anti-dumping and countervailing duty
investigations on imports from China 's
mobile communications equipment. This is the second time to show the strength
of its trade within the EU a week. Fears that trade protectionism is on the
rise in the 27-nation alliance.
As the EU's executive arm, the European
Commission on Wednesday decided to impose punitive tariffs of up to 47 percent
of China 's Photovoltaic Panels The decision value of about 21 billion euros (about 27.6 billion
U.S. dollars) of Chinese exports, so far the EU's largest anti-dumping cases.
The two cases caused great concern not only because of the massive trade in
jeopardy, it and clean energy and other emerging industries rather than sunset
industries such as textile and footwear industry as a target, opening up a new
trade friction of the two economies positions.
European Commission to take the occasion of
the latest attack measures still bogged down in the sovereign debt crisis
coincided with the European Union on the occasion, the temptation of trade
protectionism is becoming stronger. According to official data, the European
Union is experiencing the most severe economic contraction since 1995, GDP fell
0.7% in the first quarter of this year. History has proven that the crisis is
most likely to lead to trade protectionism, but certainly not the economic
plight of painkillers trade protectionism.
The sovereign debt crisis has been going on
for almost four years, and still no end in sight, a wake-up call to the EU is
losing its competitive edge in an increasingly globalized world, some of its
member states. The establishment of trade barriers during the crisis to protect
European companies, to quell the angry an inexpensive way, but this practice solar controller is
contrary to the solution to the crisis, which requires painful, and even full
reform of the political risk, in order to improve competition in the EU
economies force.
A more dynamic Europe
can only be built on top of the open environment of free market competition,
rather than expel the external opponents. Stick to its commitment to keep the
market open, the EU actually help themselves. Clearly, the recent case against
Huawei and ZTE, two leading Chinese telecommunications systems and equipment
suppliers, their services to customers around the world, and cooperation with
many European partners.
The first unilateral investigation against
Chinese products, the European Commission, the signal is passed to the outside
world is that it has been the support of Europe 's
growing trade protectionist forces. This radical approach may lead to a
tit-for-tat trade war, which does not meet the interests of any party. The
European Commission said that the decision will not take effect, the purpose is
to set aside time to negotiate with China to find "friendly
solution".
Negotiations with a trade threat of
punishment, however, can hardly be called friendly. As the world's two largest
economies and major trading partners, China and the EU have every reason
for the bilateral trade to create a stable environment, and work to develop the
huge potential of the depth of cooperation.
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