EBMA: ‘Disclosure Is Next Step To Stop China Dumping E-Bikes’
BRUSSELS, Belgium – In a reaction to the publication of the Disclosure Document Moreno Fioravanti, Secretary General of the European Bicycle Manufacturers Association (EBMA) said “The disclosure is the next critical step to stop China dumping e-bikes in the EU. Without EU action, China’s unfair trade practices would destroy the European e-bike industry and record investments of over 1 billion euro per year in the EU. The EBMA wholeheartedly supports the view shared by the European Commission and so many stakeholders that trade defence measures will contribute to the sustainable development of electric bicycles in Europe and create wider benefits to society in terms of protection of the environment and improved mobility.”
It goes without saying that EBMA ‘applauds’ the European Commission’s intent to impose definitive anti-dumping measures on e-bikes imported from China. The Association says “Together with the earlier disclosure of the Commission’s intent to impose anti-subsidy measures, the total additional duties are likely to reach 18.8 % to 79.3 %. The Commission’s investigations have now proven the existence of dumping, subsidies and injury to European e-bike manufacturers, as Chinese e-bikes have flooded the EU at an alarming rate and artificially low prices. The concealed costs of Chinese e-bikes and the injury to European industry and jobs are now revealed. Definitive trade defence measures will shield 90,000 EU workers and over 800 SMEs against unfair competition from China.”
The concealed costs of Chinese e-bikes and the injury to European industry and jobs are now revealed
Furthermore, EBMA states “In 2017 the EBMA filed complaints with the European Commission, calling for urgent trade defense measures on e-bikes from China, and the registration of imports. In view of an alarming market reality, the European Commission launched an anti-dumping investigation on 20 October 2017 of EU imports of Chinese e-bikes, followed by an anti-subsidy investigation initiated on 21 December 2017. Following stakeholder comments on today’s disclosure, the Commission will put forward a final proposal for discussion with EU Member States.
Final definitive anti-dumping and anti-subsidy measures must be announced by no later than 20 January 2019. The European Commission’s investigation showed that prices of dumped imports from the People’s Republic of China (PRC) significantly undercut Union industry prices, and imports from China increased by 250% during the investigation period while European industry lost substantial market share.”
‘Consumer choice is not all about cheap prices’
Fioravanti also said: “European e-bikes are the right green choice for European consumers. Even, the European Cyclists’ Federation representing consumers is against dumping because of its negative role in the development of electric bicycles, and as a consequence on the transition to a greener Europe. European trade unions, bicycle manufacturers, small businesses and cyclists have made clear to the European Commission that the EU must act to stop the dumping of Chinese e-bikes. The European Commission concluded that consumer choice is not all about cheap prices but rather driven by other factors such as variety, quality, innovation, and service which can only be achieved under normal market conditions with fair and open competition.”