For the SUN Ming-yang, this Chinese New Year can not make him happy. Since the United States Department of Commerce preliminary ruling on Chinese exports to the U.S. wire mesh tray has imposed punitive tariffs on high, he has knitted brows locked, am in a dilemma.
SUN Ming Yang Yang of China Anping Metal Wire Mesh Co., Ltd. boss. This enterprise is located in Anping County known as the "hometown of wire mesh in China", the county has a large number of producing all kinds of wire mesh products. Despite the financial crisis, Anping wire mesh is still an annual output value reached 130 billion yuan, an increase of 24%, of which exports amounted to 300 million U.S. dollars.
November 3, 2009, the U.S. Department of Commerce citing the existence of government subsidies, a preliminary ruling that Chinese exports to the U.S. implementation of the wire mesh tray from 2.02 to 437.73 percent punitive tariffs. SUN Ming-yang pairs, this is a nightmare.
SUN Ming-yang long planned a total investment of 60 million yuan for production projects. The project is located in Anping County, North xinying Industrial Park, was completed before the Lunar New Year invested 30 million yuan, factory, warehouse fully completed, part of the production equipment already in place.
The U.S. Department of Commerce's preliminary decision to allow Sun Ming-yang had to stop the pace of investment, patiently waiting for the U.S. side of the news. U.S. Department of Commerce in March of this year is expected to make a final determination on the case.
As product sales hampered the future, SUN Ming-yang can not continue to invest in the project, has invested 30 million yuan for a long period of time may be difficult to recover, enterprises not only enormous financial pressure, but the original investment and production plans have all been disrupted.
By the U.S. economic downturn, trade protectionism and politicians to manipulate a variety of factors, the United States recently imposed on Chinese products trade frequently punitive measures, "Made in China" is becoming the biggest victim of trade protectionism, the implementation of the United States.
For the United States continue to create trade friction, China's Ministry of Commerce spokesman YAO Jian, said recently that the United States not to recognize China's market economy status of the case, the use of discriminatory practices, arbitrary raising anti-dumping and countervailing duty rate for exports of relevant industries in China caused by severely affected.
Let SUN Ming Yang does not want to understand is, "I do a purely private enterprise in any case can not be government subsidies, China's lower labor costs than in the U.S., product prices are naturally lower than in the U.S., China's exports to the U.S. low-cost wire mesh Tray been understood as the Chinese government subsidies, it does not make sense. "he said.