natgillin/translations-raw huggingface dataset:
As far as the burden of the proof is concerned and in compliance with Article 18(3) of the basic Regulation, it is recalled that evidence presented in relation to the question as to whether the expiry of measures would be likely to lead to the continuation or recurrence of subsidisation shall be duly documented.
U pogledu tereta dokaza i u skladu s člankom 18. stavkom 3. Osnovne uredbe podsjeća se da se dokazi predočeni u vezi s pitanjem je li vjerojatno da bi istek mjera doveo do nastavka ili ponavljanja subvencioniranja i štete moraju propisno dokumentirati.
The Commission has thoroughly analysed all the relevant elements and evidence submitted by the GOC in this respect and concluded that they were insufficient to prove that the situation had substantially changed as compared to the original investigation.
Komisija je detaljno analizirala sve relevantne elemente i dokaze koje je kineska vlada dostavila u tom pogledu te je zaključila da nisu bili dovoljni za dokazivanje da se situacija znatno promijenila u usporedbi s početnim ispitnim postupkom.
In this context and in view of the alleged changes that the GOC referred to, it is considered that it was the GOC's responsibility to demonstrate that such changes had indeed taken place and that the Commission did not unduly put such burden on the GOC.
U tom se kontekstu i s obzirom na navodne promjene koje je kineska vlada navela smatra da je kineska vlada bila odgovorna dokazati da su se te promjene doista dogodile i da Komisija taj teret nije neopravdano stavila na kinesku vladu.
As far as the country-wide assessment is concerned, the Commission notes that it has carried out a specific analysis of public body for each of the financial institutions for which the GOC has submitted the relevant information requested.
U pogledu ocjene na razini zemlje Komisija napominje da je provela posebnu analizu javnog tijela za svaku financijsku instituciju za koju je kineska vlada dostavila relevantne zatražene podatke.
Unfortunately, the GOC has failed to submit information for all the other financial institutions that extended loans to the sampled cooperating exporting producers, as explained in section 3.1.
Nažalost, kineska vlada nije dostavila podatke za sve ostale financijske institucije koje su proizvođačima izvoznicima u uzorku odobrile zajmove, kako je objašnjeno u odjeljku 3.1.
The Commission was therefore in the impossibility to carry out a public body analysis for all these other financial institutions, and thus the argument of the GOC is moot.
Stoga Komisija nije mogla provesti analizu javnog tijela za sve te ostale financijske institucije, zbog čega argument kineske vlade nije relevantan.
As a result, the Commission had to resort to the facts available on file and carried out a thorough analysis of public body for the financial sector in the PRC.
Kao rezultat toga, Komisija se poslužila podatcima raspoloživima u spisu i provela detaljnu analizu javnog tijela za financijski sektor u NRK-u.
Among the relevant elements, the Commission thoroughly considered all the new evidence submitted by the GOC in the context of this proceeding, together with the findings established in the original investigation.
Među relevantnim elementima Komisija je detaljno razmotrila sve nove dokaze koje je kineska vlada dostavila u kontekstu ovog postupka, zajedno s nalazima koji su utvrđeni u početnom ispitnom postupku.
Furthermore, the GOC also claimed that the Commission had relied in its determination on ‘public bodies’ on the de facto absence of abolition of the floor lending rates.
Nadalje, kineska vlada tvrdila je i da se Komisija u svojem zaključku o „javnim tijelima” oslanjala na de facto neukidanje donje granice stopa na zajmove.
It further claimed that the Commission had misinterpreted the alleged abolition of the floor lending rate as such abolition implied that banks could now allegedly provide loans at rates below 30 % of the benchmark rate.
Dalje je tvrdila da je Komisija pogrešno protumačila navodno ukidanje donje granice stope na zajmove jer bi se tim ukidanjem podrazumijevalo da bi banke sada navodno mogle odobravati zajmove po stopama nižim od 30 % referentne stope.
By denying the abolition of such floor rate, the GOC further claimed that banks would thus not be able to grant preferential loans.
Opovrgnuvši ukidanje te donje granice stope, kineska vlada dalje je tvrdila da banke stoga ne bi mogle odobravati povlaštene zajmove.
The GOC also claimed that requiring banks to adapt to market-based pricing of lending interest rates would be equivalent to controlling these banks and run counter to the spirit of liberalisation.
Kineska vlada tvrdila je i da bi zahtijevanje od banaka da se prilagode tržišnom određivanju kamata na zajmove bilo jednako kontroliranju tih banaka te bi bilo u suprotnosti s duhom liberalizacije.
The GOC further claimed that Article 38 of the Bank law is permissive and that although the upper limits were abolished several years before the lower limits, the Bank law was not amended.
Nadalje je kineska vlada tvrdila da je članak 38. Zakona o bankama popustljiv i da, iako su gornje granice ukinute nekoliko godina prije donjih granica, Zakon o bankama nije izmijenjen.
The GOC also claimed that the theory of correlation between the PBOC rates and the LPR was erroneous and reverted to interest rate statistics for the sampled cooperating exporting producers.
Kineska vlada tvrdila je i da je teorija povezanosti stopa NBK-a i LPR-a pogrešna te se vratila na statističke podatke o kamatnim stopama za proizvođače izvoznike u uzorku koji surađuju.
The GOC also claimed that there have never been benchmarks or limits for loans denominated in USD or EUR.
Kineska je vlada tvrdila i da referentne stope ili granice za zajmove nikad nisu bile denominirane u USD ili EUR.
As far as the determination of public bodies is concerned, it is first recalled that the GOC itself raised the issue of the abolition of the floor lending rates in support of its claim that the Chinese government no longer intervenes in the financial market and that Chinese State-owned banks cannot be considered public bodies.
U pogledu zaključka o javnim tijelima najprije se podsjeća da je sama kineska vlada postavila pitanje ukidanja donje granice stopa na zajmove u potporu svojoj tvrdnji da se kineska vlada više ne upliće u financijsko tržište i da se kineske banke u državnom vlasništvu ne mogu smatrati javnim tijelima.
The Commission analysed the claim on the abolition of the floor rates and rejected it on the grounds mentioned in recitals 194 to 201.
Komisija je analizirala tvrdnju o ukidanju donje granice stopa i odbila je zbog razloga navedenih u uvodnim izjavama 194. do 201.
In the absence of other significant changes raised by the GOC, the Commission relied on the conclusions drawn in the original investigation, which were confirmed by fresh evidence for the RIP, and on new elements such as the existence of a new lending rate (LPR) to draw its conclusion in this regard.
Budući da kineska vlada nije istaknula druge znatne promjene, Komisija se oslonila na zaključke donesene u početnom ispitnom postupku koji su potvrđeni novim dokazima za RIPR te na nove elemente kao što je postojanje nove stope na zajmove (LPR) kako bi u tom pogledu donijela svoj zaključak.
As far as the alleged misinterpretation of the abolition is concerned, the Commission fails to see how the fact that a floor lending rate is abolished could prevent banks from providing preferential lending if the floor lending rate was in any case down to 30 % below the benchmark rate.
U pogledu navodnog pogrešnog tumačenja ukidanja Komisija ne razumije kako bi se zbog činjenice da je donja granica stope na zajmove ukinuta banke moglo spriječiti u odobravanju povlaštenih zajmova ako je donja granica stope na zajmove u svakom slučaju bila 30 % niža od referentne stope.
As far as the absence of requirement for banks to offer market-based lending interest rates, the Commission fails to see how forcing banks to operate according to free market principles can be considered as imposing specific policies on banks.
U pogledu nepostojanja zahtjeva za banke da nude tržišne stope na zajmove Komisija ne razumije kako se prisiljavanje banaka da posluju u skladu s načelom slobodnog tržišta može smatrati uvođenjem posebnih politika za banke.
Such practices do not stem from a specific policy but rather from creating a financial framework where market-based principles apply.
Te prakse ne proizlaze iz posebne politike, nego iz stvaranja financijskog okvira u kojem se primjenjuju tržišna načela.
As far as Article 38 of the Bank law is concerned and as indicated by the GOC in its questionnaire reply, the Commission understands that all financial entities in the PRC shall strictly follow the Bank law and fails to see how any alleged permissiveness can be compatible with such legal principle.
U pogledu članka 38. Zakona o bankama i kako je kineska vlada navela u svojem odgovoru na upitnik, Komisija shvaća da su svi financijski subjekti u NRK-u obvezni strogo poštovati Zakon o bankama i ne razumije kako navodna popustljivost može biti u skladu s tim pravnim načelom.
In any case, the fact that the floor lending rate would be abolished is not incompatible with the fact that PV companies would benefit preferential lending.
U svakom slučaju, činjenica da bi se donja granica stope na zajmove ukinula nije u suprotnosti s činjenicom da bi društva iz fotonaponskog sektora ostvarila koristi od povlaštenih zajmova.
As far as the theory of correlation between the PBOC rates and the LPR is concerned, the Commission notes that the presented statistics were not supported by underlying calculations and that they can therefore not be taken into account.
U pogledu teorije povezanosti stopa NBK-a i LPR-a Komisija napominje da predočeni statistički podatci nisu potkrijepljeni izračunima na kojima se oni temelje i da se, stoga, ne mogu uzeti u obzir.
Should such statistics be accurate, the Commission fails to see the relevance of such statistics to demonstrate that the correlation analysis between the PBOC and the LPR is (allegedly) erroneous.
Kad bi ti statistički podatci bili točni, Komisija ne razumije zašto su ti statistički podatci važni za dokazivanje da je analiza povezanosti NBK-a i LPR-a (navodno) pogrešna.
As for loans denominated in USD or EUR, the Commission considers that the alleged absence of benchmark or limits does not imply that such loans cannot be granted at preferential rates.
U pogledu zajmova denominiranih u USD ili EUR Komisija smatra da navodno nepostojanje referentne stope ili granica ne znači da se ti zajmovi ne mogu odobriti po povlaštenim stopama.
Additionally, the GOC also claimed that the Commission's analysis and conclusion that Chinese State-owned banks are public bodies lacked the most basic legal standards and also referred to the relevant legal and evidentiary standards as stipulated in the AB ruling in US — Carbon Steel India and should go further than a determination of government ownership and meaningful control over an entity by a government; i.e. the determination should include an analysis of the ‘core characteristics and functions of the relevant entity, its relationship with the government, and the legal and economic environment prevailing in the country in which the investigated entity operates’.
Uz to, kineska vlada tvrdila je i da se u Komisijinoj analizi i zaključku da su kineske banke u državnom vlasništvu javna tijela nisu poštovali temeljni pravni standardi te je uputila i na relevantne pravne i dokazne standarde koji su propisani u presudi Žalbenog tijela u predmetu SAD – ugljični čelik iz Indije; tvrdila je i da je Komisija trebala provesti detaljniju analizu, a ne samo donijeti zaključak o postojanju državnog vlasništva i znatne državne kontrole nad subjektom; tj. zaključak je trebao uključivati analizu „temeljnih karakteristika i funkcija relevantnog subjekta, njegova odnosa s državom te pravnog i gospodarskog okruženja koje prevladava u zemlji u kojoj subjekt koji je predmet ispitnog postupka posluje”.
The GOC also referred to the findings on government interference on account of PBOC influencing lending rates and policies and the reliance upon Article 38 of the Bank law.
Kineska vlada uputila je i na nalaze o uplitanju vlade s obzirom na to da NBK utječe na stope zajmova i politike te da postoji obveza postupanja u skladu s člankom 38. Zakona o bankama.
Eventually it referred to the incorrectness and inadequacy of the Commission's determination in the original investigation as noted in recitals 163 to 167 of the original Regulation.
Na kraju je uputila na netočnost i neprimjerenost Komisijina zaključka iz početnog ispitnog postupka, kako se navodi u uvodnim izjavama 163. do 167. Izvorne uredbe.
In this regard, the Commission refined its analysis on this issue.
U tom je pogledu Komisija proširila svoju analizu tog pitanja.
In recitals 100 to 106 the Commission sets out in greater detail the facts on which it came to the conclusion of public ownership of most of the banks which have provided loans to the sampled companies.
U uvodnim izjavama 100. do 106. Komisija detaljnije utvrđuje činjenice na temelju kojih je donijela zaključak o javnom vlasništvu nad većinom banaka koje su društvima u uzorku odobravale zajmove.
As far as the legal and economic environment is concerned, the Commission hereby refers to conclusions drawn above at recital 139 on the basis of Article 34 of the Banking law.
U pogledu pravnog i gospodarskog okruženja Komisija ovime upućuje na zaključke donesene u prethodnoj uvodnoj izjavi 139. na temelju članka 34. Zakona o bankama.
The fact that banks exercise government authority is also confirmed by way of Articles 7 and 15 of the General Rules on Loans (implemented by the PBOC), which regulate Self-made loans, commissioned loans and special-purpose loans (Article 7) and Interest subsidization on loans (Article 15) and Decision 40.
Činjenica da banke izvršavaju javne ovlasti potvrđena je i člancima 7. i 15. Općih pravila o zajmovima (koje provodi NBK), kojima se uređuju vlastiti zajmovi, zajmovi za treće strane i namjenski zajmovi (članak 7.) te subvencioniranje kamata na zajmove (članak 15.) te Odlukom 40.
There is also a great deal of evidence, supported by independent studies and reports, that a large amount of government intervention is still present in the Chinese financial system as already explained in recitals 172 and 178 of the original Regulation.
Postoje i brojni dokazi, koji su potkrijepljeni neovisnim studijama i izvješćima, da se vlada još uvijek u velikoj mjeri upliće u kineski financijski sustav, kako je već objašnjeno u uvodnim izjavama 172. i 178. Izvorne uredbe.
Following disclosure, the GOC indicated that special loans referred to in Article 7 of the General Rules on Loans mentioned above were eliminated in 1999 based on a Circular on Improving the Administration of Special Loans (YINFA [1999] No. 228) and that Article 15 had become irrelevant as the PBOC no longer sets the upper and lower limits of loans.
Nakon objave kineska vlada navela je da su prethodno navedeni posebni zajmovi iz članka 7. Općih pravila o zajmovima ukinuti 1999. na temelju Okružnice o boljem upravljanju posebnim zajmovima (YINFA [1999.] br. 228) i da je članak 15. prestao biti relevantan jer NBK više ne određuje gornje i donje granice zajmova.
The GOC also alleged that the Commission had misinterpreted Article 34 of the Bank law which allegedly bears no relation to the national policies, encouraged industries, strategic industries, emerging industries to address preferred industries and sectors.
Kineska vlada tvrdila je i da je Komisija u svojem razmatranju povlaštenih industrija i sektora pogrešno protumačila članak 34. Zakona o bankama koji se navodno ne odnosi na nacionalne politike, poticane industrije, strateške industrije i industrije u nastajanju.
It also referred to Articles 4, 5, 7 and 35 of the Bank law relating allegedly to the bank's autonomy, the lack of interference by entities or individuals, governments and the examination of the credibility of the borrowers.
Uputila je i na članke 4., 5., 7. i 35. Zakona o bankama koji se navodno odnose na autonomiju banke, neuplitanje subjekata ili pojedinaca i vlade te ispitivanje kreditne sposobnosti korisnika zajma.
Eventually, the GOC also indicated that the Commission did not explain how Decision 40 demonstrates that banks exercise government authority and referred to the preamble and to Article 17 of such Decision.
Na kraju je kineska vlada navela i da Komisija nije objasnila kako je iz Odluke 40. vidljivo da banke izvršavaju javne ovlasti te je uputila na uvodni dio i članak 17. te Odluke.
It also added that this Decision basically covers the whole Chinese economy and pertained to the 11th Five-Year period.
Dodala je da je tom Odlukom, u biti, obuhvaćeno cijelo kinesko gospodarstvo i da se ona odnosi na 11. petogodišnje razdoblje.
As for Article 15 of the General Rules on Loans, the Commission disagrees with the GOC's view.
U pogledu članka 15. Općih pravila o zajmovima Komisija se ne slaže sa stajalištem kineske vlade.
That Article says: ‘In accordance with the State's policy, relevant departments may subsidize interests on loans, with a view to promoting the growth of certain industries and economic development in some areas.’ It remains relevant even after the end of floor and ceiling rates.
Taj članak glasi: „U skladu s državnom politikom relevantni odjeli mogu subvencionirati kamate na zajmove radi promicanja rasta određenih industrija i gospodarskog razvoja u određenim područjima.” Članak je relevantan i nakon ukidanja donje i gornje granice stopa.
In any event, Article 38 of the Bank law still refers to limits and may at any point in time be re-activated, as explained in recital 199.
U svakom slučaju, u članku 38. Zakona o bankama i dalje se upućuje na granice te se u svakom trenutku može ponovno aktivirati, kako je objašnjeno u uvodnoj izjavi 199.
As far as the Bank law is concerned, it should first be noted that Articles 4, 5 and 7 belong to ‘Chapter I General provisions’ while Articles 34 and 35 belong to ‘Chapter IV Basic Rules for Loans and Other Business Operations’.
U pogledu Zakona o bankama najprije je potrebno napomenuti da su članci 4., 5. i 7. dio „Poglavlja I. Opće odredbe”, dok su članci 34. i 35. dio „Poglavlja IV. Temeljna pravila za odobravanje zajmova i druge poslovne aktivnosti”.
As far as Article 4 is concerned, the Commission does not consider that a provision for banks to carry out ‘business free from any interference by entities or individuals’ is incompatible with the fact that State-owned banks are public bodies or, in the alternative, are entrusted and directed to exercise government authority.
U pogledu članka 4. Komisija ne smatra da je odredba u skladu s kojom banke „posluju bez uplitanja subjekata ili pojedinaca” u suprotnosti s činjenicom da su banke u državnom vlasništvu javna tijela ili, u drugom slučaju, da im je povjereno izvršavanje javnih ovlasti i da ih se u tome usmjerava.
Indeed, the Commission verified the business operations and decision-making processes for financial services at four State-owned banks.
Komisija je provjerila poslovne aktivnosti i postupke donošenja odluka u pogledu financijskih usluga četiriju banaka u državnom vlasništvu.
As no relevant information could be obtained for other banks, the findings for those banks have to be extended, on the basis of facts available, to all other State-owned banks.
Budući da se nikakvi relevantni podatci nisu mogli dobiti za druge banke, nalazi za te banke morali su se, na temelju raspoloživih podataka, proširiti na sve ostale banke u državnom vlasništvu.
Furthermore, as essential information requested by the Commission from those four banks was not provided, in particular details on credit risk assessment, the Commission had to apply facts available also when making findings based on the questionnaire replies and the verification visits at those four banks.
Nadalje, s obzirom na to da bitni podatci koje je Komisija zatražila od tih četiriju banaka nisu dostavljeni, posebno pojedinosti o procjeni kreditnog rizika, Komisija je morala primijeniti raspoložive podatke i za utvrđivanje nalaza na temelju odgovora na upitnik te posjeta radi provjere tih četiriju banaka.
The GOC also referred to Article 4 of the Bank law whereby ‘The business operations of commercial banks shall be governed by the principles of safety, liquidity and efficiency. Commercial banks shall make their own decisions regarding their business operations, take responsibility for their own risks, assume sole responsibility for their profits and losses and exercise self-restriction. Commercial banks shall, pursuant to law, conduct business operations without interference from any unit or individual. Commercial banks shall independently assume civil liability with their entire legal person property’.
Kineska vlada uputila je i na članak 4. Zakona o bankama u skladu s kojim je „poslovanje poslovnih banaka uređeno načelima sigurnosti, likvidnosti i učinkovitosti. Poslovne banke donose vlastite odluke o svojem poslovanju, preuzimaju odgovornost za vlastite rizike, preuzimaju isključivu odgovornost za svoju dobit i gubitke te samostalno ograničavaju svoje poslovne aktivnosti. U skladu sa zakonom poslovne banke izvršavaju poslovne aktivnosti bez uplitanja bilo kojeg subjekta ili osobe. U skladu s građanskim pravom poslovne banke neovisno odgovaraju cijelom imovinom pravne osobe.”
In the present case, during the on-the-spot verification, the Commission, not only legally, but also de facto, was not in a position to confirm the accuracy of the claim that banks do not take government policy and plans into account while making lending decisions.
U ovom slučaju tijekom provjere na licu mjesta Komisija nije mogla, ne samo zakonski, nego i de facto, potvrditi točnost tvrdnje da banke u odlukama o davanju zajmova ne uzimaju u obzir vladinu politiku i planove.
Indeed, the Commission was not provided a single creditworthiness assessment for the PV industry and for the RIP.
Komisiji nije dostavljena nijedna procjena kreditne sposobnosti za fotonaponsku industriju i za RIPR.
The Commission does not consider that Article 4 of the Bank law prevents commercial banks from taking government industrial policy and plans into account as this article relates to the principles governing business operations.
Komisija ne smatra da se člankom 4. Zakona o bankama poslovnim bankama onemogućuje da uzmu u obzir vladinu politiku i planove za industriju jer se taj članak odnosi na načela upravljanja poslovanjem.
This is also confirmed by Article 34 of the Bank law.
To je potvrđeno i člankom 34. Zakona o bankama.
Contrary to the claim by the GOC that the Commission ‘brushed away the legal framework within which banks are operating’, the Commission rather made a careful analysis of that legal framework and could also establish a clear link between this legal framework and the operations of these financial institutions as evidenced by their annual reports.
Suprotno tvrdnji kineske vlade da je Komisija „odbacila pravni okvir u kojem banke posluju” Komisija je, naprotiv, provela detaljnu analizu tog pravnog okvira te je mogla utvrditi i jasnu poveznicu između tog pravnog okvira i poslovanja tih financijskih institucija, kao što je vidljivo u njihovim godišnjim izvješćima.
The GOC also referred to Article 5 of the Bank law, deriving from it that there would be ‘no interference by local governments and government departments at various levels, public organizations or individuals in the business operations of the banks.’ However, the actual text of Article 5 of the Bank law reads as follows: ‘Commercial banks shall adhere to the principles of equality, voluntariness, fairness and good faith in business dealings with their clients’.
Kineska vlada uputila je i na članak 5. Zakona o bankama, iz kojeg je zaključila da se „lokalna uprava ili odjeli vlade na raznim razinama, javne organizacije ili pojedinci ne smiju uplitati u poslovanje banaka”. Međutim, stvarni tekst članka 5. Zakona o bankama glasi kako slijedi: „Poslovne banke obvezne su poštovati načela jednakosti, slobodne volje, poštenja i dobre vjere u poslovanju sa svojim klijentima”.