The EU’s “double-reverse” investigation into Chinese telecom products will trigger greater turmoil in China-EU economic relations
Xinhuanet Beijing5month16Japanese News (Reporters Li Dan and Wang Jianhua)Just as people are increasingly worried that the EU’s decision to impose “punitive” taxes on imported photovoltaic products is likely to triggerChinaOn the occasion of w88 retaliation, the European Commission announced again15Japan has decided in principle to launch anti-dumping and countervailing investigations on wireless communication networks and key equipment produced in China, which will cast a greater shadow on China-EU economic relations.
Sang Baichuan, Dean of the Institute of International Economics, w88 casinosaid that this is a new w88 protectionist action taken by Europe against China. For Europe, it will actually only harm others but not itself.
"Launching the investigation will trigger greater turmoil in the field of China-EU economic relations." He said.
The European economy continues to be sluggish and some companies are in trouble. This is the main reason why the EU has decided in principle to raise a "w88 protection stick" against Chinese-made wireless communication networks and key equipment.
There is considerable controversy within EU member states over whether to launch anti-dumping investigations and threaten w88 sanctions against Chinese telecom products, and most countries are opposed to this. Some companies in the EU have publicly stated that they do not want to see the EU conduct "double-reverse" investigations on Chinese telecom products.
China has become the world’s largest smartphone market. Overseas media pointed out that compared with Huawei and ZTE, which hold about a quarter of the European market, European companies such as Nokia Siemens, Alcatel-Lucent, and Ericsson have a larger market share and more profits in China.
As the world's second largest economy and the EU's second largest trading partner, China is regarded by many EU member states as an important force in helping the EU get out of economic recession. However, the w88 protectionist actions taken by the European Commission against China have seriously disrupted the cooperative relationship between the two parties.
Attachment: Original report link
http://news.xinhuanet.com/fortune/2013-05/16/c_115798465.htm
