Foreign and Military Affairs
China dissatisfied with EU's anti-subsidy probe
(Xinhua)
Updated: 2010-04-17 23:19
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BEIJING - China is disappointed the European Union (EU) has decided to launch an anti-subsidy investigation into imported Chinese coated paper, Ministry of Commerce (MOC) spokesman Yao Jian said Saturday.
He said the coated paper probe is the EU's first anti-subsidy investigation into Chinese products.
The EU launched an anti-dumping investigation on Chinese coated paper two months ago, he said.
Increased trade protectionism is a major threat to the world economy recovery, Yao said.
"To create a win-win situation, China and the EU should settle trade disputes cooperatively," he added.
MOC data shows the EU initiated seven anti-dumping investigations against China in 2009.
The EU is China's largest trade partner, with bilateral trade volume exceeding US$360 billion last year.
