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Chinese Tire Enterprises Win the US Department of Commerce's "Double Counter-Investigation"
According to reports, the Federal Circuit Court of Appeals of the United States (CAFC) recently ruled that the US Department of Commerce (DOC)'s anti-dumping and anti-subsidy investigations against Chinese export companies are "illegally illegal."
At the same time, in the United States, after launching a "double reverse" investigation on China's photovoltaic solar panels, India will also launch an anti-dumping investigation against China's photovoltaic solar panels.
According to an attorney who represented the China Double Tire Industry's "double counter investigation", the decision of the U.S. Federal Circuit Court of Appeals was not only the subject of litigation of Hebei Xingmao Tyre Co., Ltd., but also the entire Chinese tire industry. All will benefit. In the past five years, more than 30 anti-subsidy investigation cases initiated by the United States to China have also needed to be corrected, such as the recent “double counter investigation†of a photovoltaic solar cell.
Lawsuit won still hard to change the weak situation of China's tire industry>
According to reports, the Federal Circuit Court of Appeals of the United States (CAFC) recently ruled that the US Department of Commerce (DOC)'s anti-dumping and anti-subsidy investigations against Chinese export companies are "illegally illegal." However, although this won the lawsuit, it brought hope for the Chinese tire industry to return to the international tire market lost due to the US tire special protection case, but the Chinese tire industry continued to rely on low labor costs and low production factor costs. The development model of low-cost advantages resulting from high energy consumption and high pollution has not changed. The overall competitiveness of the Chinese tire industry in the international market is still at a relatively disadvantageous position.