New trade protectionism aims at China's chemical fiber products
March 25th, the more the economy is in recession, the more a country (region) tends to adopt a protectionist trade policy. At a time when the global economy is in a big predicament, China's chemical fiber products with certain price advantages have not been spared. Anti-dumping and special safeguard measures are particularly common from the recent trade barriers encountered by Chinese chemical fiber products.
Anti-dumping is the most common means Since the beginning of this year, China's chemical fiber products have encountered a large number of anti-dumping cases. Just to name a few.
On January 23, South Africa applied for anti-dumping investigations on synthetic staple fibers originating in China at the request of South Africa's international trade services. The customs code of the product involved is 55032000.
On the same day, India made anti-dumping preliminary rulings on fully oriented yarns, fully drawn yarns, spun drawn yarns and polyester flat yarns originating in China, Thailand and Vietnam. The customs code of the product involved is 54024700. It is worth mentioning that in this case, Jiangsu Hengli Chemical Fiber Co., Ltd., Wuxi Shenyang Industry and Trade Co., Ltd., Tongkun Group, Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd. applied for market economy status, but India The Ministry of Commerce and Industry did not give its market economy treatment.
On February 6, Pakistan made an anti-dumping preliminary ruling on polyester fiber originating or imported from China. There are two points in this case that are thought-provoking: First, the Pakistani spinning industry strongly opposes the anti-dumping duties of China's polyester staple fiber; second, the case involves 54 Chinese exporters, but only Jiangyin Huahong Chemical Fiber Co., Ltd. and Zhangjiagangcheng Two Chinese companies in Xinghua Fiber Co., Ltd. responded.
On March 2, the Anti-Dumping Bureau of the Ministry of Commerce and Industry of India issued a factual disclosure on the anti-dumping sunset review of Hua nylon cord fabric. In terms of dumping, the bureau did not give China responding companies market economy treatment, and calculated the normal value of Chinese products by structural price method to determine that it constituted dumping; in terms of industrial damage, the bureau still considered dumping imports in market share, price, and production capacity. Utilization and inventory have caused damage to Indian domestic industries.
On March 16, the Brazilian Foreign Trade Chamber of Commerce decided to impose anti-dumping duties on cotton fiber from six countries and regions including China, Austria, and Taiwan. The collection time was set at six months.
India's special safeguard measures may be emulated that anti-dumping is not the only way to protect trade. Due to the long time of anti-dumping investigations, some countries have turned to special measures for short investigation procedures ("special protection"). In India, for example, in just one month, there were three or four special security investigations initiated by China. Among them, the products involved in the chemical fiber industry are nylon cord fabrics.
On February 6, the Indian Ministry of Finance's Safeguards Bureau launched a special safeguard measure investigation on Huajinlun Cord Fabric. In view of the fact that India is currently levying anti-dumping duties on products involved in China, and has already carried out the relevant procedures for sunset review, the Printing Protection Bureau has specifically stated in the announcement that the law does not prohibit the imposition of anti-dumping duties at the same time as the protection measures tax. On February 23, the Ministry of Commerce and Industry of India issued a notice saying that the special safeguard measures for nylon cord fabrics in China will be held at 11:00 on April 15, 2009 at the Office of the Ministry of Finance and Security of India.
Different from the traditional anti-dumping and countervailing measures of 'first investigation, post-protection', the biggest harm of special protection measures is that the user can 'protect first, then investigate', and the results of the investigation are often unfavorable to the respondent. This means that Chinese exporters will be hit by unprepared circumstances, especially for companies with tight cash flow during the financial crisis. At the same time, it is not enough to respond to the special insurance survey by the strength of a single enterprise or even the industry itself. It also requires the participation of state power.
Prior to this, the United States, Peru, Turkey and other countries have tried to launch a special security investigation into China, but it was later settled due to state consultations. India’s large-scale special safeguard investigation launched against China can be imitated and used again by other countries.
How to give full play to the role of the main body of the enterprise Whether it is from the previous relevant cases or from the practice of China's chemical fiber industry in response to trade protection in recent years, the weakest link is still failing to give full play to the main role of the enterprise. In some cases, even if a company responds to a lawsuit, it is only a few sporadic. It is difficult to have a comprehensive understanding and mastery of the situation of the entire industry, and it is difficult to form a force for diplomatic involvement.
Therefore, enterprises should first enhance their awareness of rights protection and trade awareness. After receiving the notice of the anti-dumping investigation, it should be fully prepared to respond, rather than passively waiting for sanctions. This is the first step in the role of the main body of the enterprise.
How to prepare for responding is a complicated topic. Taking anti-dumping cases as an example, the establishment of market economy status is particularly important. According to the requirements of the EU, if the domestic enterprises that have been filed for anti-dumping investigations want to investigate the normal value of their export products in accordance with the regulations of the market economy countries, they must prove that they are manufacturing and selling products under market economy conditions. This is another weak link in China's chemical fiber companies, because many companies' anti-dumping accounting work is often not enough. For example, in some anti-dumping cases, because the company mistakenly adopted accelerated depreciation for a small part of intangible assets, although the amount of accelerated depreciation accounts for a small proportion of the total cost of sales of the enterprise, the relevant countries will still use this as a reason to deny the enterprise. Market economy status.
In the anti-dumping case, the accountant must not only have a clear grasp of the company's own economic activities, but also should be familiar with the definition of the standards and scope of different accounting items in the international anti-dumping law, adjust it according to the actual situation of the enterprise, and submit each in a timely and accurate manner. Kind of information. Enterprises should also establish anti-dumping guidance for cost and expense accounting, and refine the cost accounting of materials and the accounting of expenses during the refinement period.
In addition, people with experience in dealing with trade barriers remind companies that they should rely on the platform of industry associations. As a social intermediary jointly organized by various enterprises, industry associations can fully understand the overall situation of the industry and the substantive interests of each enterprise, and give full play to the functions of industry management and coordination. It can be seen from past experience that industry associations have an irreplaceable special role in organizing and assisting domestic enterprises to strengthen anti-dumping complaints and responding to complaints.
And for some technical limitations, companies can overcome possible technical barriers through innovative processes and upgrades.
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