China Disclaims EU’s Bicycle Anti-Subsidy Inquiry
China’s Ministry of Commerce recently reacted sharply on the European Union’s notice to launch an anti-subsidy investigation on imports of bicycles from China.
BEIJING, China – China’s Ministry of Commerce recently reacted sharply on the European Union’s notice to launch an anti-subsidy investigation on imports of bicycles from China.
The anti-subsidy investigation towards bicycles imported from China “severely lacks evidence”, said the Chinese Ministry last Saturday. “The bicycles imported from China, accounting for 2%-3% of the EU’s market, can hardly pose any threats to the bicycle industry in the EU.”
“After maintaining anti-dumping measures on Chinese bikes for 19 years, the EU commission’s move to launch a fresh anti-subsidy probe on the same product is a typical abuse of trade remedy policies. We will pay close attention to the investigation, and reserve the right to take relevant actions in accordance with the regulations of the World Trade Organization” stated the Ministry Commerce.
According to EBMA, the European Bicycle Manufacturers’ Association, China’s market share in Europe is much higher than the 2%-3% as mentioned above; thanks to illegal activities of re-routing and re-packaging through third countries. For EBMA this was the reason to file a confidential complaint at the European Union as Bike Europe reported last week.