Sets Sae

Follow the trend of Europe and the United States and Russia advocate the "China threat theory of goods"

Ross Some economists worry exports to China are increasing recently. Russia also issued a research report that China’s policy to encourage exports to Russia, the Russian economy is facing “the threat of being buried Chinese goods.”

  Advocating barriers to trade Russia, some economists worry exports to China are increasing recently. Russia also issued a research report that China’s policy to encourage exports to Russia, the Russian economy is facing “the threat of being buried Chinese goods.”

Study brings Chinese goods The Russian public’s concern from the Institute of Russian natural monopolies, 5, a report submitted to the Government. The report said that within the existing laws of Russia, the Russian economic cooperation will “enormous risk”, Chinese exporters may be defeated by Russia, the machinery manufacturing industry, including many of the economy. The report recommends the Government of the Chinese exporters an anti-dumping and countervailing investigations, to take “technical adjustments” to set trade barriers against Chinese companies.

“Russia should take protective measures to national industries from competition from Chinese goods bad.” Director of the Institute of Russian natural monopolies, Sae Ke Yang July 5th accept the “Komsomolskaya Pravda” interview, if not be taken to “serious measures” will make the Sino-Russian economic relations, “off track” trade with China and Russia this year will be a deficit?? According to Chinese Customs statistics, China’s exports to Russia was 15.83 billion U.S. dollars, imports from Russia amounted to 17.56 billion U.S. dollars, Russia has a surplus of 1.73 billion U.S. dollars.

Institute of Russian natural monopolies, said the report, Russia’s automobile, machine tools, heavy machinery, apparatus, motor manufacturing industry have now been “at the threat of Chinese products.”

Russian Customs data show that in recent years, imports from China, Russia, cars and machinery is growing rapidly?? In 2004 was 15.6 billion U.S. dollars, last year reached 4.592 billion U.S. dollars; and household electrical appliances and electrical and mechanical equipment last year reached 2.156 billion U.S. dollars, up 51.7% over 2004; In addition, the Russian pipeline, general manager of the Industrial Development Foundation, Jay-year Division, said: “In the first 5 months of imports of pipe from China increased by more than 7 times over the same period last year.”

The report also said the light industrial area of the “China threat” in the performance of the 90’s had very clear, and now the situation intensifies, as in the Russian Far East, a large-scale imports of cheap Chinese goods have been threatened Russia’s agricultural economy and food industry, and the Russian Far East, particularly the border with China some of the socio-economic areas had a direct impact.

Reported that two or three years if no protective measures, is first out of the domestic market is Russia’s chemical industry and light industry products, followed by metallurgical and mechanical industry products, culminating in Russia’s development plans in many areas have to shrink, many factories closed down.

Follow the example of Western anti-dumping measures advocated

Sae Ke Yang said that the influx of Chinese products in Russia, not because some people think “Russia itself can not produce these things,” but Chinese companies use the government’s series of preferential measures and strong support.

Sae Ke Yang said China’s export enterprises rush, because access to concessions such as export taxes and rebates. Institute of Russian natural monopolies, according to estimates, China’s export of financial support and subsidies accounted for 7% of GDP, while Russia, compared to just 0.7%.

Sae Ke Yang said that China’s major trading partners, Russia is actually not the only Chinese goods anti-dumping measures taken by countries in 2005 alone 18 countries and regions?? Including the EU, U.S., India and Japan on Chinese products more than 60 anti-dumping investigations, involving thousands of products.

Sae Ke Yang said that Russia has a lot of exporters do not understand why Russia to support the preferential tax rate of Chinese imports.

Russia, some economists and business people, has accepted “organ”, “Business News” and other mainstream media, suggested that the West must learn from the practice as soon as possible, the implementation of import quotas and anti-dumping measures to restrict imports China.

Deutsche Bank under the jurisdiction of the Russian United Financial Group (DeutscheUFG) market analysts said, in fact, the Institute of Russian natural monopolies, the report recommended a series of measures, such as import quotas, anti-dumping investigation and implementation of technical regulation are, of Russia’s imminent accession to the WTO “can not shirk its responsibility.”
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