Home > News > Content
Brazil Intends To Recognize China's Market Economy Status
- Nov 22, 2016 -

According to foreign media reports, a senior government official said directly to learn about the project inside, Brazil plans to recognize China's market economy status.

Requesting anonymity because of the information private, the official said, did not recognize China's market economy status, has thrown Brazil risk of disputes with major trading partners.

Brazil industry Federation (CNI), said the Pakistani Government should take with the EU and the United States the same policy, or you receive the influx of Chinese products Brazil situation.

According to the 2001 China joined the World Trade Organization (WTO) agreements shall, after 15 years in other countries, in December 2016 granting China market economy status.

The anonymous official said, recognizing China's market economy status will cause the end of the anti-dumping duties on Chinese goods; Brazil Government is studying the impact on the domestic industry, as well as other ways to help the manufacturing industry.

Tires worldwide understanding of China almost all tires have met Brazil's anti-dumping investigation.

By the end of 2015, Brazil started anti-dumping investigations against China agricultural tyre, and expanding the scope of the survey, a total of 45 domestic tire companies involved, which Guizhou tyre, tire, Qingdao Qingdao Sailing Horno tires, zhongce rubber 4 companies of the group are classified as sample enterprises.

Before that, Brazil to extend anti-dumping investigations against Chinese truck tires to 2020, 1.12-2.59 $/kg China truck tires of the anti-dumping duty.

Brazil earlier anti-dumping on Chinese-made tires for passenger cars, and anti-dumping duties of up to us $2.14/kg (tax 69.5%).

In 2014, Brazil decided to 0.28 on Chinese imports of bicycle tires-$ 3.85/kg anti-dumping tax, taxing period of 5 years.

In addition, the tire industry related products have also been affected.

In 2014, Brazil started to import from China of precipitated silicon dioxide (silica) levied anti-dumping taxes, a total of 63.39 dollars/ton, $256.09/ton, 594.41 USD/ton three tax rates, tax period of 5 years, to end on April 24, 2019.

Insiders said that if Brazil recognized China as a market economy, the Chinese tire industry is a good thing.

Related Products