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China subject to 56 trade remedy investigations in first 11 months

China subject to 56 trade remedy investigations in first 11 months

Write: Gawain [2011-05-20]
China was the subject of 56 trade remedy investigations launched by 19 countries and regions in the first 11 months, figures from the Ministry of Commerce (MOC) showed Friday.
These investigations targeted Chinese products with a total value of about 7 billion U.S. dollars, an unnamed official from the MOC Bureau of Fair Trade for Imports and Exports told a press conference.
In addition, the United States launched 19 investigations into alleged intellectual property rights infringements by Chinese companies over the period, and one into China's clean energy sector, claiming government support gave Chinese producers unfair advantages, according to the official.
Despite a decline in the number of global trade remedy probes amid a worldwide economic recovery, China's exporters still face a challenging external environment. Trade investigations have remained frequent this year and trade frictions regarding intellectual property rights and fair spread of technology have increased, said a report issued by the ministry Friday.
Previous data from the ministry showed that 19 countries initiated 101 trade remedy investigations into Chinese products from Jan. 1 to Nov. 3, 2009.
Source:Xinhua