Europe Commission imposes anti-dumping duties on Chinese aluminium converter foil imports- Wei Chou Wang

Description:

Aluminium converter foil is an important commodity on the EU market with a market value of 630 million Euro. It serves, in particular, the packaging and electric car battery industries. The tariffs will help defend EU companies and workers in this sector: the imports of aluminium converter foil from China will no longer enjoy an unfair advantage over the Union industries and will compete on an equal grounding.

Enablers:

Dumping by Chinese exporters caused significant damage to EU industry,

1. by forcing the Union industry to a loss-making price level.

2. by losing market share. It found that trade defence measures to tackle such practices are necessary and in the interest of the Union to ensure continued EU production under fair and competitive conditions.

Inhibitors:

China government's continuous subsidies on aluminium converter foil producers.

Paradigms:

A growth of EU electric car battery industries after EU's movement, providing possibilies for innovation of energy storage, which benefits not only electric car but also providing potential solutions for renewable energy's bottleneck of energy storage, increasing the market share of renewable energy.

Experts:

1. European Commission

2. China government

3. Aluminium converter foil producers in EU and China

Web Resources:

1. https://trade.ec.europa.eu/tdi/case_history.cfm?id=2501&init=2501

2. https://trade.ec.europa.eu/doclib/press/index.cfm?id=2338