However, the enterprises' recent behavior was likely to be considered dumping according to WTO's rules. Experts suggest that China should, on the one hand, straighten out its foreign trade markets, which are somewhat in disarray. On the other hand, it should quicken its pace to amend and firm up its trade rules in line with the WTO's requirements. But it seems that the reasons behind Chinese enterprises' reluctance to file lawsuits against anti-dumping charges are not so simple. The shortage of anti-dumping talents and institutions have made it difficult to respond for victimized enterprises.
Many Chinese lawyers have limited knowledge and experience of anti-dumping regulations.
While honing their anti-dumping awareness, Chinese enterprises should establish a clear and sound accounting system. Under this system, accurate data would be available when enterprises filed lawsuits against anti-dumping charges, Ma said. Chinese enterprises should take advantage of high-tech to sharpen their products' competitive edge and produce more products with high added value, said Ma, who added that the escalating price war should not be the solution to Chinese enterprises which were stuck in the red. Media Ltd. All Rights Reserved. All rights reserved.