China's Anti-subsidy Regulations: The Latest Weapon in China's Trade Law Enforcement
November 30, 2002 | BY
clpstaff &clp articlesChina is likely to launch its first anti-subsidy investigations in 2003 as it moves aggressively to utilize the full armory of WTO trade remedies.
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By Kermit W. Almstedt and Patrick M. Norton, O'Melveny & Myers Washington DC and Beijing
The WTO agreements authorize three kinds of trade remedies against injury from imports: anti-dumping measures; safeguard measures; and countervailing duties for subsidized imports. China had already initiated 12 anti-dumping investigations prior to entering the WTO; in 2002, it initiated nine more. Also in 2002, China has conducted its first safeguard investigation covering a range of steel imports. The only WTO trade remedy that China has not yet pursued is an anti-subsidy (or countervailing duty) investigation. China has, however, promulgated the PRC Anti-subsidy Regulations1 (the Regulations), and it is presumably only a matter of time before China initiates these investigations as well.