China-US/Tire/MOC

China applauds US ITC’s fair ruling over Chinese tires

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FILE: China - Exact Location and Date Unknown
1. Various of tire producing process

Beijing, China - Feb 23, 2017
2. SOUNDBITE (Chinese) Wang Hejun, head of Trade Remedy and Investigation Bureau, Chinese Ministry of Commerce:
"We applauded the U.S. ITC's fair ruling after it considered the suggestions and comments from the industry. We hope the two countries' tire industries strengthen dialogue and communication to seek mutual development. We also hope that our two governments can control and manage trade frictions through amiable negotiations."
3. Sign of China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters
4. SOUNDBITE (Chinese) Yu Yi, vice chairman of China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters:
"We think that the U.S. ITC's ruling is in line with international trade rules, with its national laws and with the facts of the case."

FILE: China - Exact Location and Date Unknown
5. Various of tires in warehouse

Storyline


The latest U.S. ruling to remove heavy duties on truck and bus tires imported from China was "in line with the objective facts," the Ministry of Commerce (MOC) said Thursday.

The U.S. International Trade Commission (ITC) determined Wednesday that the tires from China did not materially injure or threaten to damage the U.S. industry, and that no anti-dumping or countervailing duties should be imposed on those products.

The decision followed a previous ruling by the U.S. Department of Commerce in January to slap anti-dumping duties of up to 22.57 percent and countervailing duties of up to 65.46 percent on certain China-made truck and bus tires.

Wang Hejun, head of the MOC's Trade Remedy and Investigation Bureau, appreciated the ITC's ruling, describing it as "objective and fair."

"We applauded the U.S. ITC's fair ruling as it considered the suggestions and comments from the industry. We hope the two countries' tire industries strengthen dialogue and communication to seek mutual development. We also hope that our two governments can control and manage trade frictions through amiable negotiations," said Wang.

China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters (CCCMC) also welcomed the result.

"We think that the U.S. ITC's ruling is in line with international trade rules, with its national laws and with the facts of the case," said Yu Yi, vice chairman of the CCCMC.

U.S. imports of truck and bus tires from China were worth about 1.5 billion U.S. dollars in 2015, but fell to over one billion dollars in the first 11 months last year, affected by the trade investigation, according to MOC data.

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  • ID : 8043894
  • Dateline : Feb 23, 2017/File
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'16
  • Audio Language : Chinese/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Published : 2017-02-24 17:05
  • Last Modified : 2017-05-10 07:13:00
  • Version : 1
  • ID : 8043894
  • Dateline : 23 févr. 2017/Archives
  • Location : Beijing,Chine
  • Category : economy, business and finance
  • Duration : 1'16
  • Audio Language : Chinois/Nats
  • Source : Télévision centrale de Chine (CCTV)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Published : 2017-02-24 20:26
  • Last Modified : 2017-05-10 07:13:00
  • Version : 1
  • ID : 8043894
  • Dateline : 23 فبراير 2017/ أرشيف
  • Location : بكين,الصين
  • Category : economy, business and finance
  • Duration : 1'16
  • Audio Language : الصينية/ الصوت الطبيعي
  • Source : تلفزيون الصين المركزي
  • Restrictions : ممنوع البث في بر الصين الرئيسي
  • Published : 2017-02-24 20:02
  • Last Modified : 2017-05-10 07:13:00
  • Version : 1

China-US/Tire/MOC

China applauds US ITC’s fair ruling over Chinese tires

Dateline : Feb 23, 2017/File

Location : Beijing,China

Duration : 1'16

  • English
  • Français
  • العربية


FILE: China - Exact Location and Date Unknown
1. Various of tire producing process

Beijing, China - Feb 23, 2017
2. SOUNDBITE (Chinese) Wang Hejun, head of Trade Remedy and Investigation Bureau, Chinese Ministry of Commerce:
"We applauded the U.S. ITC's fair ruling after it considered the suggestions and comments from the industry. We hope the two countries' tire industries strengthen dialogue and communication to seek mutual development. We also hope that our two governments can control and manage trade frictions through amiable negotiations."
3. Sign of China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters
4. SOUNDBITE (Chinese) Yu Yi, vice chairman of China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters:
"We think that the U.S. ITC's ruling is in line with international trade rules, with its national laws and with the facts of the case."

FILE: China - Exact Location and Date Unknown
5. Various of tires in warehouse


The latest U.S. ruling to remove heavy duties on truck and bus tires imported from China was "in line with the objective facts," the Ministry of Commerce (MOC) said Thursday.

The U.S. International Trade Commission (ITC) determined Wednesday that the tires from China did not materially injure or threaten to damage the U.S. industry, and that no anti-dumping or countervailing duties should be imposed on those products.

The decision followed a previous ruling by the U.S. Department of Commerce in January to slap anti-dumping duties of up to 22.57 percent and countervailing duties of up to 65.46 percent on certain China-made truck and bus tires.

Wang Hejun, head of the MOC's Trade Remedy and Investigation Bureau, appreciated the ITC's ruling, describing it as "objective and fair."

"We applauded the U.S. ITC's fair ruling as it considered the suggestions and comments from the industry. We hope the two countries' tire industries strengthen dialogue and communication to seek mutual development. We also hope that our two governments can control and manage trade frictions through amiable negotiations," said Wang.

China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters (CCCMC) also welcomed the result.

"We think that the U.S. ITC's ruling is in line with international trade rules, with its national laws and with the facts of the case," said Yu Yi, vice chairman of the CCCMC.

U.S. imports of truck and bus tires from China were worth about 1.5 billion U.S. dollars in 2015, but fell to over one billion dollars in the first 11 months last year, affected by the trade investigation, according to MOC data.

ID : 8043894

Published : 2017-02-24 17:05

Last Modified : 2017-05-10 07:13:00

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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