"We can only say now found the problem and can not determine whether the form of subsidies, as well as a violation of the relevant provisions of the WTO. "Adrian Denghuo Wen said.
behalf of business interests in
"Business Europe" is the reason why conservative, because outside the EU, the China's export market information is relatively scarce. Adrian Denghuo Wen told us that, the European Commission is working with the United States co-operation to collect evidence.
European Commission tough
Shrek said: "The EU issued a policy on China the same concerns, this is very helpful for the United States.
There is very likely that China's need to deal with a WTO case
The European Commission's attitude is a bit tough. De Gucht issued a statement saying that the export credit provided by the European Union can not match China's official support; if a company official proceedings, the EU will resort to legal action.
legal profession, the media explained that due to fears will lose the huge Chinese market, European companies there is no willingness to take the lead in such cases.
OECD within to urge China to power. "China's export credit policy to the formation of subsidies to exporters to the Member States" common concern ". OECD export credit, director Steve Van Texas newspaper said China's policy is also to some extent by the exporters of these member states expansion.
business dissatisfaction with the main focus in the field of transportation infrastructure construction, energy, telecommunications, and medical facilities; for China's export credit, the most concentrated point of attack is the Chinese Government has provided interest rates substantially below market rates. " loans.
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"Business Europe" is one of Europe's most influential business lobby group, representing 20 million companies in 34 European countries. Its Director of International Affairs, Adrian Van Denghuo text (Adrian van den Hoven) to accept an interview with the newspaper media said that currently only receive business complaints World steel pipe network editing , but it does not make the judgment whether the existence of subsidies.
members of De Gucht
the European Commission responsible for trade, recently issued a statement saying there is evidence that China's export credit policy led to European companies lose business in a series of key areas.
The findings of
"Business Europe" relatively conservative: no actual evidence to show that the policy constitutes a subsidy to exporters, or in violation of the relevant provisions of the World Trade Organization (WTO).
Adrian, Denghuo said, "Business Europe" received numerous complaints from European companies, said China's export credit policies constitute a subsidy for Chinese exporters, especially in the large-scale infrastructure projects construction tender, the European companies to compete with China at a disadvantage.
Adrian claimed Denghuo text: "Indeed it is very likely that China needs to deal with a WTO case. "He also disclosed that the Commission was encouraging the EU initiated anti-subsidy investigations against China," This is perhaps the lawsuit in the WTO a strategy to collect information.
export credit interest rates and there is no specific standard. Major industrial countries in the OECD signed an export credit agreement. The framework of this agreement does not provide for specific permitted level of interest rates World steel pipe network editing , but by the indicators of a country's currency exchange rates, inflation levels, calculation of a loan interest rate is contrary to the fair.
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Europe and the United States the possibility of cooperation. Susan Shrek (Susan Shirk,), during the Clinton administration's deputy assistant secretary, told media: "China's competition is effectively hurt the EU. Especially in the economic field, the European Union more and more and the U.S. stand on the same position.
in this newspaper media inquiries,
De Gucht's spokesman John Krans (John Clancy) did not provide further information, saying only that "we will act in accordance with WTO rules and procedures.
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After an investigation on China's export credit policy with the European business lobby, the EU official said may issue the EU unfair competition proceedings before the WTO.European business tends to solve the problem by consultation and direction in conjunction with other OECD export credit agreement is a signatory, jointly promote China's accession to the agreement, or to comply with similar rules.
European business dissatisfaction
need the assistance of the United States, the European Union in the collection of information. Europe to take further measures the bottleneck is the main destinations of Chinese exports of such services in developing countries, especially Africa and Latin America, as well as some Asian markets as the most important, but in these markets, the EU can be collected to evidence "is limited.
since the initial, the European Commission and "Business Europe" (Business Europe) with the collection of the Chinese Government on concessionary terms to the Chinese enterprises to provide export credits, leading European companies suffer from unfair competition in the loss of evidence. This investigation has been going on for nearly five months.
China's policy of OECD countries exporters to enlarge