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China-EU relations
EconomyChina Economy

China calls out EU for ‘abuse’ of anti-dumping tariffs in dispute over steel fasteners

  • China’s fastener industry says EU anti-dumping probe relied on ‘fabricated’ information and fell short of legal due process
  • EU says anti-dumping duties will ‘re-establish a level playing field’ by taking away the unfair competition caused by price dumping

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The Chinese fastener industry says the EU’s anti-dumping tariffs on Chinese imports are “irresponsible”. Photo: Bloomberg
Orange Wang

A top Chinese industry body has lashed out at the European Union (EU) for its “abuse” of trade protection measures after it imposed tariffs on imports of steel fasteners from China.

The fastener branch with the China General Machine Components Industry Association issued a strongly worded protest on Sunday against the EU’s decision to impose anti-dumping duties of between 22.1 to 86.5 per cent on some Chinese products.

The European Commission said last week the measures followed an investigation that showed “significant dumping on the market, with Chinese imports heavily undercutting European sales prices and therefore injuring the European fasteners industry”.
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The Chinese association said the anti-dumping probe, which was initiated last December, had no factual grounding and fell short of legal due process.

“The EU industry lacks the qualification to back up its appeal … it has merely fabricated that China’s ordinary fasteners have hurt the EU’s high-end fastener industries,” the association said in a statement.

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