·Russia launched anti-dumping investigation on Chinese truck tires

A few days ago, Russian media reported that the Eurasian Economic Commission began the sixth anti-dumping investigation against certain Chinese goods during the year. This time, aiming at the car tires.

According to preliminary estimates by the Eurasian Economic Commission, the price of Chinese tire manufacturers in the domestic market is 1/3 higher than the price in the Russian market, resulting in losses for Russian tire manufacturers. Experts believe that anti-dumping investigations against certain Chinese goods will not affect the increasingly close trade relations between the two countries.

A few days ago, the Eurasian Economic Commission launched a complaint against Chinese trucks under the complaints of six tire manufacturers in the Russian White Harbin Customs Union, including Russia’s Yaroslav tire factory, Russia’s Lower Kamsk tire factory and Belarus tire factory. Anti-dumping investigation of tires.

According to relevant data, the automobile tire manufacturers in Russia, Russia, Yaroslav tire factory and Belarus tire factory accounted for 87.5% of the market share in 2011-2013, so the tire manufacturing industry is Russian white ha The important economic field of the customs union.

The anti-dumping investigation by the relevant Russian authorities will involve tires for trucks, buses, trolley buses, dump trucks and trailers. According to relevant data, the market share of truck tires in 2013 was 11% (6.44 million).

According to the Economic Commission for Europe, between 2011 and 2013, the number of truck tire imports increased by 29.8%, and the number of truck tires imported from China increased by 36.3%. At the same time, the share of tires produced by auto tire manufacturers in the Russian White Harbin Customs Union fell to 11.1%.

In 2013, truck tires imported from China accounted for 64% of the total, with an import value of 495 million US dollars and a 23% share in the Russian market. According to preliminary estimates by the Eurasian Economic Commission, the dumping margin of Chinese tires reached 198%. The Eurasian Economic Commission pointed out that in this way, in order to compete with Chinese tire manufacturers, the automobile tire manufacturers in the Russian White Harbin Customs Union had to lower the price to deal with, resulting in a loss in 2013. According to Russian accounting standards, a Russian mainstream truck tire manufacturer had a net loss of 47.8 million rubles. In 2012, it earned a profit of 119.4 million rubles.

In the first half of 2014, Russia's Yaroslav tire factory had a net loss of 583 million rubles in accordance with Russian accounting standards. During this period, the Russian Kamska tire factory had a net loss of 72.5 million rubles in accordance with Russian accounting standards. In the first half of 2013, the plant's profit was 124 million rubles.

The newly launched anti-dumping investigation by the relevant Russian authorities happened just after the meeting of the Russian-Chinese Intergovernmental Committee led by Russian First Deputy Prime Minister Shuvalov. The Russian government is now open to the Chinese investment in various industries and recommends actively investing in the Russian economy. However, on the one hand, the Russian government actively invites Chinese companies to invest in Russia, while on the other hand, Russian domestic manufacturers continue to complain that imported goods from China occupy their former market.

Now, in addition to truck tires, the European Economic Commission is conducting five surveys on Chinese bulldozers, aggregate-coated metal rolling, and oil and gas pipelines.

Russian experts pointed out that although economic cooperation between Russia and China is constantly strengthening, new anti-dumping investigations are also possible. Just like Russia and Belarus, it is very close, but there are many trade disputes. This is normal. Although both Russia and China have joined the WTO, these issues can be resolved at the level of two countries.

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