Judgment wheel dumping screaming Chinese parts ** theory

On March 19, the U.S. Department of Commerce issued a final ruling in which Chinese steel wheel manufacturers or exporters dumped steel wheels in the United States, with dumping rates ranging from 44.96% to 193.54%. At the same time, such products also received subsidies ranging from 25.66% to 38.32%. On March 16th, 188 U.S. lawmakers jointly urged President Barack Obama to crack down on the "predatory" pricing measures for China's parts and components industry because China's spare parts industry threatens the U.S. auto parts industry. This is also after the January of this year, the contradiction between China and the United States auto parts trade again "heating."

According to the US procedure, after the Trade Remedy case was approved by the Ministry of Commerce, the US International Trade Commission must also make a ruling. According to the schedule, the US International Trade Commission is scheduled to make a final ruling on or about April 30th. Once this member has made a definite final ruling, he believes that such products imported from China will cause substantial damage or threat to the US related industries. The US Department of Commerce will Customs are required to impose "double reverse" tariffs on related products. This means that China’s steel wheels to the United States will suffer high taxes and indirectly reduce the competitiveness of products in the US market.

According to the US Department of Commerce’s ruling, Chinese steel wheel manufacturers or exporters dumped steel wheels in the United States, with dumping rates ranging from 44.96% to 193.54%. At the same time, such products exported from China to the United States received subsidies ranging from 25.66% to 38.32%, including subsidies for state-owned enterprises, low-cost power supply, and provision of pension funds. According to statistics from the US Department of Commerce, the total value of steel wheels imported by the United States from China in 2011 was about 84.2 million U.S. dollars, which was approximately 80.4 million U.S. dollars in 2010, and about 60.89 million U.S. dollars in 2009.

It is understood that in March of last year, two steel wheel manufacturers in the United States formally filed an application with the US Department of Commerce requesting the launch of a "double counter" investigation into Chinese steel wheel products exported to the United States. In October last year, the U.S. Department of Commerce issued a preliminary ruling that China dumped steel wheels from the United States.

Just three days before the U.S. Department of Commerce’s decision on China’s transmission of steel wheels to the United States, on March 16th, 188 U.S. legislators jointly requested U.S. President Barack Obama to crack down on China’s spare parts industry.

"When the American automakers gradually recover, the auto parts industry is facing serious challenges. We cannot sit still and further deteriorate. Seventy-five percent of jobs in the US auto industry rely on auto parts, and now the state auto parts industry is in jeopardy. According to foreign media reports, the 188 members said in a letter to Obama that China has adopted numerous policies to give domestic auto parts manufacturers an unfair trade advantage. These policies include China's restrictions on the import of foreign auto parts and subsidies to local auto parts makers, leading to low prices for parts made in China.

â–  depth <br> <br> weak industrial why frequently "threatened"?

One reason: pressure on trade to stage "political show"

According to the data released by the American Manufacturing Association, since China's accession to the World Trade Organization, a total of US$62 billion worth of Chinese automotive spare parts has been hit into the U.S. market, leading to an 850% increase in U.S. trade deficit with China in this area. In 2011 alone, the deficit was nearly 10 billion U.S. dollars. On the contrary, the U.S. exports to China during the same period were only US$7.6 billion. Bob Gold, chairman of the U.S. Auto Workers Union UAW, stated in a statement that the Chinese government’s subsidies are the second largest factor in U.S. auto industry worker unemployment, second only to competition from the Mexican car industry.

However, it is difficult to stand firm on the notion that "China's spare parts exports cause the U.S. government to claim a trade deficit." According to relevant statistics, in the export of parts and components industry in China, the export volume of joint-venture and wholly-owned parts and components accounted for 30% of the total exports of parts and components, and the export value accounted for 70% of the total export value of parts and components; the export volume of self-owned brand enterprises accounted for exports. 70% of the total, but exports account for 30% of the total exports of parts and components. The vast majority are low-end and medium-end products. In addition, parts and components of joint ventures and wholly-owned enterprises are mainly exported to the OEM market, and self-owned brand enterprises are mainly exported to the aftermarket.

"The U.S. government has done so in order to pull votes. The harder Obama has become for China, the more powerful it becomes. It seems that the easier it is to become the focal point, the more it can be supported." Jia Xinguang, chief analyst of the China Automotive Industry Consulting Development Corporation, told the newspaper that Another reason is that it wants to promote the return of industry and transfer the overseas production of enterprises to the country, although this does not apply.

Reason two: The United States protects its domestic industry from weakening its opponents in addition to obtaining political chips and adopting relevant sanctions policies to restrict the development of Chinese spare parts in the United States market and to compress the development of China's spare parts industry.

At present, China's spare parts industry as a whole is still quite weak, and it has less core technology. However, with the development of the Chinese automobile market, the parts and components industry has also achieved rapid development. In recent years, Chinese parts and components companies have frequently acquired overseas parts and components companies.

Among these, including March 13, Hebei Lingyun Industrial Group formally acquired the world's largest car lock manufacturer Kai Yi De, which means that Hebei Lingyun will have the core technology of automotive door lock business, the combined annual turnover may reach 1 billion EUR. In addition, Geely acquired Australian DSI transmission company, Beijing Jingxi Heavy Industry acquired Delphi related equipment, Beijing Tianbao acquired General Motors Nexteer steering system business, CITIC Decker Wheels company acquired German Kayman Casting Company, AVIC Automotive and Beijing Yizhuang International. Jointly acquired Nexteer Automotive Systems and others.

“The United States has clamored for the threat theory of China's auto parts and parts, and it has also weakened China in order to protect the development of its auto parts industry. In the 1980s, the United States government took similar actions against the Japanese auto industry.” Zhang Zhiyong stated that China’s cheap Although parts and components have hit the U.S. market to some extent, this does not mean that China's parts industry has become sufficiently strong.