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EU threatens Asia with anti-dumping research
European Union prepares to analyze anti-competitive techniques found in the import of cellular system equipment from China. The research, European Trade Commissioner Karel De Gucht stated the other day, will consider China’s dumping and subsidies for telecommunications products. The official statement does not indicate which businesses are in concern. But in an interview with Reuters, Karel de Gucht said that it is Huawei and ZTE who will be involved with dumping when you look at the European market.
The investigation has not yet started, while the European Union, most likely, will attempt to resolve the conflict through negotiations. More over, China has recently threatened to retaliate. “We hope that the EU will refrain from protectionist steps or limiting actions,” Chinese Foreign Ministry spokesman Hong Lei stated on Wednesday.
Asia could be the EU’s 2nd main partner following the United States. Relating to professionals, the import of Chinese telecommunications gear to European countries is mostly about 1 billion euros.
In reaction to accusations through the European Commissioner, Huawei said it “plays fair” in all markets and wins because of its technology and quality of service, not through dumping or subsidies.
“ZTE have not however obtained formal notification through the EU, but inaddition it denies item dumping or obtaining unlawful subsidies through the Chinese authorities,” said company spokesman David Dai Shu. He acknowledged the availability of monetary support from the Chinese government, pointing completely that the amount of aid is tiny and comparable to the subsidies gotten by European producers in their countries. The ZTE spokesman additionally noted that the company’s share in the European market is little, and so the losses due to the EU investigation will also be small.
- Congressmen warned American companies against collaboration with Huawei and ZTE;
- To protect its reputation, Huawei demanded an investigation into its activities;
- Huawei: we have been no longer enthusiastic about the usa marketplace;
- ZTE celebrated its fifteenth anniversary and shared its successes and programs money for hard times;