natgillin/translations-raw huggingface dataset:
Indeed, in a context where the exporters' current financial state has been established in a distorted market and there is no reliable information from the Chinese banks on the measurement of risk and the establishment of credit ratings, it is considered necessary not to take the creditworthiness of the Chinese exporters at face value, but to apply a mark-up to reflect the potential impact of the Chinese distorted market on their financial situation.
Pravzaprav se zdi v primeru, ko je tekoče finančno stanje izvoznikov ugotovljeno na izkrivljenem trgu ter kitajske banke ne predložijo nobenih zanesljivih informacij glede meritev tveganja in določanja bonitetne ocene, nujno, da se ne upošteva kreditna sposobnost kitajskih izvoznikov po nominalni vrednosti, ampak se doda pribitek, ki odraža potencialni učinek kitajskega izkrivljenega trga na njihov finančni položaj.
The same situation applies for the loans denominated in foreign currencies.
Enako velja za posojila, izražena v tujih valutah.
The BB rated corporate bonds with relevant denominations issued during the IP were used as a benchmark.
Za referenčno vrednost so bile uporabljene podjetniške obveznice z bonitetno oceno BB, izražene v ustreznih valutah in izdane v OP.
With respect to the above as explained in recitals (138) to (140), both the GOC and the cooperating exporting producers were requested to provide information on the lending policies of the Chinese banks and the way loans were attributed to the exporting producers.
Glede na navedeno, kot je pojasnjeno v uvodnih izjavah od (138) do (140), je Komisija od kitajske vlade in sodelujočih proizvajalcev izvoznikov zahtevala, da predložijo informacije o posojilnih politikah kitajskih bank in načinu odobritve posojil proizvajalcem izvoznikom.
Although repeatedly requested, such information was not obtained.
Kljub večkratnim zahtevam teh informacij ni pridobila.
Accordingly in view of this lack of cooperation and the totality of facts available, and in line with the provisions of Article 28(6) of the basic Regulation, it is deemed appropriate to consider that all firms in China would be accorded the highest grade of ‘Non-investment grade’ bonds only (BB at Bloomberg) and apply the appropriate premium expected on bonds issued by firms with this rating to the standard lending rate of the People's Bank of China.
Glede na nesodelovanje in vsa razpoložljiva dejstva ter v skladu z določbami člena 28(6) osnovne uredbe se zdi primerno upoštevati, da bi vsa podjetja na Kitajskem dobila samo obveznice najvišje ocene „stopnja nevlaganja“ (BB pri Bloombergu), in uporabiti ustrezno premijo, pričakovano za obveznice, ki jih izdajo podjetja s to oceno, za običajno obrestno mero Ljudske banke Kitajske.
The benefit to the exporting producers has been calculated by taking the interest rate differential, expressed as a percentage, multiplied by the outstanding amount of the loan, i.e. the interest not paid during the IP.
Ugodnosti za proizvajalce izvoznike so bile izračunane z upoštevanjem razlike v obrestnih merah, izražene v odstotku, pomnožene z neporavnanim zneskom posojila, tj. obresti, ki niso bile poravnane v OP.
This amount was then allocated over the total turnover of the co-operating exporting producers.
Ta znesek je bil nato prištet skupnemu prometu sodelujočih proizvajalcev izvoznikov.
The subsidy rate established with regard to this scheme during the IP for the sampled exporting producers amounts to:
Stopnje subvencije za to shemo v OP za vzorčene proizvajalce izvoznike:
Preferential policy loans
Preferenčne posojilne politike
Company/Group
Družba/skupina
Subsidy Rate
Stopnja subvencije
Wuxi Suntech Power Co. Ltd, PRC and related companies
Wuxi Suntech Power Co. Ltd., LRK, in povezane družbe
Yingli Green Energy Holding Company and related companies
Yingli Green Energy Holding Company in povezane družbe
Changzhou Trina Solar Energy Co. Ltd and related companies
Changzhou Trina Solar Energy Co. Ltd. in povezane družbe
JingAo Group and related companies
Skupina JingAo in povezane družbe
Jiangxi LDK Solar Hi-tech Co. Ltd and related companies
Jiangxi LDK Solar Hi-tech Co. Ltd. in povezane družbe
Delsolar (Wujiang) Ltd. and related companies
Delsolar (Wujiang) Ltd. in povezane družbe
Jinko Solar Co Ltd and related companies
Jinko Solar Co Ltd. in povezane družbe
Provision of credit lines
Zagotavljanje kreditnih linij
The complainant had alleged that the Chinese banks extended disproportionate credit lines to the Chinese exporters of product concerned.
Pritožnik je trdil, da so kitajske banke podaljšale nesorazmerne kreditne linije kitajskim izvoznikom zadevnega izdelka.
The investigation confirmed that indeed all investigated companies received huge credit lines from Chinese banks which were in most cases provided free of charge or subject to very small fees.
Preiskava je potrdila, da so vse preiskovane družbe od kitajskih bank dejansko prejele velike kreditne linije, ki so bile v večini primerov brezplačne ali je bilo zanje treba plačati zelo majhne pristojbine.
In normal market circumstances such credit lines are subject to substantial commitment and administration fees which allow the banks to compensate for the costs and risks.
V normalnih tržnih razmerah so take kreditne linije predmet znatnega stroška rezervacije sredstev posojila in upravnih pristojbin, s katerimi banke krijejo stroške in tveganja.
Credit lines are a potential transfer of funds
Kreditne linije lahko pomenijo prenos sredstev
The EC-Aircraft panel report confirmed that such credit lines, over and above the effects of the individual loans, can be potential direct transfers of funds under Article 3(1)(a) (i) of the basic Regulation and thus financial contributions.
Poročilo odbora ES – letala je potrdilo, da take kreditne linije poleg učinkov posameznih posojil lahko pomenijo neposredne prenose sredstev v skladu s členom 3(1)(a)(i) osnovne uredbe in s tem finančne prispevke.
The panel found that the benefit of a potential transfer of funds arises from the mere existence of an obligation to make a direct transfer of funds.
Odbor je ugotovil, da potencialni prenos sredstev izhaja iz samega obstoja obveznosti, da se opravi neposreden prenos sredstev.
The panel also found that a credit line could, in and of itself, confer a benefit to the recipient firm and was thus a potential transfer of funds separate from any direct transfers of funds in the form of individual loans [71].
Odbor je ugotovil tudi, da kreditna linija lahko sama po sebi pomeni ugodnost za podjetje prejemnika in je tako lahko pomenila prenos sredstev ločeno od kakršnih koli neposrednih prenosov sredstev v obliki posameznih posojil [71].
The banks providing the credit lines are public bodies or are entrusted by the government
Banke, ki zagotavljajo kreditne linije, so javni organi ali jim vlada zaupa naloge
The credit lines were provided to the sampled exporting producers by the same banks as the preferential loans described above.
Kreditne linije so vzorčenim proizvajalcem izvoznikom zagotovile iste banke, ki so zagotovile opisana preferenčna posojila.
As established above these banks are public bodies (recitals (158) to (166)) or are entrusted and directed by the GOC to provide preferential financing to the PV industry (recitals (169) to (178)).
Kot je bilo že ugotovljeno, so te banke javni organi (uvodne izjave od (158) do (166)) ali jim kitajska vlada zaupa naloge ali ukazuje, da izvajajo preferenčno financiranje fotonapetostne industrije (uvodne izjave od (169) do (178)).
As explained above (recitals (158) to (185)) the Chinese market is distorted by laws and practices of the state-owned banks and it was found that in most cases the credit lines were provided free of charge or subject to very small fees.
Kot je bilo pojasnjeno (uvodne izjave od (158) do (185)), kitajski trg izkrivljajo zakoni in prakse državnih bank, ugotovljeno pa je bilo tudi, da so bile kreditne linije v večini primerov zagotovljene brezplačno ali je bilo zanje treba plačati zelo majhne pristojbine.
The amount of benefit is represented by the fees normally applicable to commercial credit lines extended to the companies from which the sampled exporting producers were relieved in most cases.
Znesek ugodnosti so pristojbine, ki običajno spremljajo podaljšane poslovne kreditne linije za družbe, od katerih so bili vzorčeni proizvajalci izvozniki v večini primerov oproščeni.
The Commission used the fees applied to the credit line extended to one of the sampled exporting producers by a foreign commercial bank.
Komisija je uporabila pristojbine za podaljšano kreditno linijo, ki jo je enemu od vzorčenih proizvajalcev izvoznikov zagotovila tuja poslovna banka.
As explained in recitals (172) and (192) above the GOC directs the preferential lending of which the provision of credit lines is essential part to the limited number of industries.
Kot je pojasnjeno v uvodnih izjavah (172) in (192), kitajska vlada usmerja odobritev preferenčnih posojil, pri katerih je bistven del zagotavljanje kreditnih linij omejenemu številu panog.
The PV industry belongs to this group of industries and benefits from discriminatory preferential lending.
Fotonapetostna industrija sodi v to skupino panog in uživa ugodnosti diskriminatornih preferenčnih posojil.
Taking all the above into consideration it becomes clear that the authorities only allow the financial institutions to provide preferential credit lines to a limited number of industries/companies which comply with the relevant policies of the GOC.
Ob upoštevanju vsega navedenega je jasno, da organi finančnim institucijam dovolijo zagotavljanje preferenčnih kreditnih linij samo omejenemu številu industrij/družb, ki ravnajo v skladu z ustreznimi politikami kitajske vlade.
On the basis of the evidence on the file and in the absence of the cooperation from the GOC on this matter it is concluded that the subsidies in form of disproportionate credit lines are not generally available and are therefore specific in the meaning of Article 4(2)(a) of the basic Regulation.
Na podlagi vseh pridobljenih dokazov in zaradi nesodelovanja kitajske vlade v tej zadevi je bilo sklenjeno, da subvencije v obliki nesorazmernih kreditnih linij niso splošno razpoložljive in so zato specifične v smislu člena 4(2)(a) osnovne uredbe.
Moreover there was no evidence submitted by any of the interested parties suggesting that the subsidy is based on objective criteria or conditions under Article 4(2)(b) of the basic Regulation.
Poleg tega zainteresirane strani niso predložile nobenih dokazov o tem, da subvencioniranje temelji na objektivnih merilih ali pogojih iz člena 4(2)(b) osnovne uredbe.
The investigation showed that all groups of sampled exporting producers benefited from credit lines provided free of charge or at below-market rates in the investigation period.
Preiskava je pokazala, da so vse skupine vzorčenih proizvajalcev izvoznikov v obdobju preiskave uživale ugodnosti kreditnih linij, zagotovljenih brezplačno ali po obrestnih merah, ugodnejših od tržnih.
Accordingly, the extension of such credit lines to the PV industry should be considered a subsidy.
Zato je podaljšanje takih kreditnih linij za fotonapetostno industrijo treba obravnavati kot subvencijo.
The provision of credit lines free of charge or for below-market fees is considered a provision of financial services (Article 3(1)(a)(iii) of the basic Regulation) for less than adequate remuneration.
Zagotavljanje kreditnih linij brezplačno ali po pristojbinah, ugodnejših od tržnih, se šteje za zagotavljanje finančnih storitev (člen 3(1)(a)(iii) osnovne uredbe) za manj kot ustrezno nadomestilo.
Because of the market distortions described in recitals (158) to (185) above the adequacy of the remuneration for the financial services (in this case provision of credit lines) could not be determined in relation to prevailing market conditions in the PRC.
Zaradi izkrivljanja trga, opisanega v uvodnih izjavah od (158) do (185), ustreznosti nadomestila za finančne storitve (v tem primeru zagotavljanje kreditnih linij) ni bilo mogoče določiti glede na prevladujoče tržne pogoje v LRK.
Therefore in accordance with Article 6(d)(ii) of the basic Regulation the benefit conferred on the recipients is considered to be the difference between the amount that the company pays for the provision of credit lines by Chinese banks and the amount that the company would pay for a comparable commercial credit line obtainable on the market.
Zato se v skladu s členom 6(d)(ii) osnovne uredbe ugodnost za prejemnike obravnava kot razlika med zneskom, ki ga družba plača za zagotavljanje kreditne linije s strani kitajskih bank, in zneskom, ki bi ga družba plačala za primerljivo poslovno kreditno linijo, ki se lahko pridobi na trgu.
Credit lines could also be considered as a potential transfer of funds under Article under Article 3(1)(a)(i) of the basic Regulation.
Kreditne linije bi se lahko štele tudi za potencialni prenos sredstev v skladu s členom 3(1)(a)(i) osnovne uredbe.
One of the sampled exporting producers obtained a credit line from the bank whose headquarters is established in a financial jurisdiction other than the PRC and this credit line was subject to commitment and arrangement fees as is the usual practice on world financial markets.
Eden od vzorčenih proizvajalcev izvoznikov je pridobil kreditno linijo od banke, katere sedež ni v finančni pristojnosti LRK, pri čemer je bila ta kreditna linija predmet znatnega stroška rezervacije sredstev posojila in upravnih pristojbin, kar je običajna praksa na svetovnih finančnih trgih.
Although the credit line was extended by the Chinese subsidiary of the bank in question, it is considered to be a reasonable proxy for a benchmark.
Čeprav je kreditno linijo odobrila kitajska podružnica zadevne banke, se šteje za razumen približek referenčni vrednosti.
It was considered appropriate to use the fees applied to this credit line as a benchmark in accordance with the Article 6(d)(ii) of the basic Regulation.
Zdelo se je primerno, da se pristojbine za to kreditno linijo uporabijo kot referenčna vrednost v skladu s členom 6(d)(ii) osnovne uredbe.
The level of the fees used a benchmark was applied pro-rata to the amount of each credit line in question to obtain the amount of subsidy (minus any fees actually paid).
Raven pristojbin, ki se uporablja kot referenčna vrednost, je bila sorazmerno uporabljena za vsako zadevno kreditno linijo, da se je pridobil znesek subvencije (brez vseh dejansko plačanih pristojbin).
In cases where the duration of the credit line was more than one year, the total amount of subsidy was allocated over the duration of the credit line and an appropriate amount attributed to the IP.
V primerih, ko je kreditna linija trajala več kot eno leto, je bil celoten znesek subvencije dodeljen za čas trajanja kreditne linije in ustrezen znesek pripisan OP.
Wuxi Suntech Power Co. Ltd, and related companies
Wuxi Suntech Power Co. Ltd. in povezane družbe
The investigation confirmed that no benefits had been received under the programme by the sampled companies during the IP.
S preiskavo se je potrdilo, da vzorčene družbe v OP niso prejemale nobenih ugodnosti v okviru programa.
Export Guarantees and Insurances for Green Technologies
Izvozna jamstva in zavarovanja za zelene tehnologije
The complaint alleged that the China Export & Credit Insurance Corporation (‘Sinosure’) provides export credit insurance on preferential terms to producers of the product concerned inter alia through a programme termed ‘Green Express’.
V pritožbi je navedeno, da družba China Export & Credit Insurance Corporation („Sinosure“) proizvajalcem zadevnega izdelka zagotavlja zavarovanje izvoznih kreditov po preferenčnih pogojih, med drugim prek programa, imenovanega „Green Express“.
According to the complaint, Sinosure's export credit insurance is not even adequate to cover the long-term operating costs and losses of this programme.
V skladu s pritožbo zavarovanje izvoznih kreditov Sinosure naj ne bi zadostovalo niti za kritje dolgoročnih operativnih stroškov in izgub tega programa.
Non-cooperation and use of facts available
Nesodelovanje in uporaba razpoložljivih dejstev
As mentioned in recitals (104) and (105) above, the Commission requested information in the questionnaire, in the deficiency letter and during the on-spot verification visit to the GOC and Sinosure that was not provided by the GOC and/or Sinosure.
Kot je navedeno v uvodnih izjavah (104) in (105), je Komisija zahtevala informacije v vprašalniku, v pozivu k dopolnitvi in med preveritvenim obiskom kitajske vlade in Sinosure na kraju samem, ki jih slednji nista predložili.
The Commission requested the institutional framework and the relevant documents governing the operations of Sinosure as the State official export credit insurer.
Komisija je zahtevala institucionalni okvir in ustrezne dokumente, ki urejajo poslovanje Sinosure kot državnega uradnega zavarovatelja izvoznih kreditov.
The GOC submitted only a Notice issued jointly by the Ministry of Commerce (‘MOFCOM’) and Sinosure in 2004, but failed to submit a number of other relevant documents including for instance the so-called 840 Plan included in the Notice by the State Council of 27 May 2009 [72].
Kitajska vlada je predložila samo obvestilo, ki sta ga leta 2004 skupaj izdala ministrstvo za trgovino („MOFCOM“) in Sinosure, ni pa predložila številnih drugih pomembnih dokumentov, ki vključujejo na primer t. i. načrt 840, vključen v obvestilo državnega sveta z dne 27. maja 2009 [72].
As regards the verification of the questionnaire reply and Annex 1 concerning Sinosure, the Commission was unable to obtain a number of documents and to verify a number of elements requested on spot.
Kar zadeva preverjanje izpolnjenega vprašalnika in Dodatka 1 v zvezi s Sinosure, Komisija številnih dokumentov ni mogla pridobiti in ni mogla preveriti številnih elementov, zahtevanih na kraju samem.
In particular, Sinosure did not submit the following information and evidence requested by the Commission: (a) the 2012 financial statements, which, reportedly, would not yet be available yet on Sinosure's website; (b) the relevant documentation concerning the export credit insurance with two of the sampled cooperating exporters, including contracts, risk assessment, correspondence and proof of payments of premia; (c) specific information on the senior managers appointed by the State Council; (d) evidence concerning the elements and advantages listed in the 2004 Notice jointly issued by MOFCOM and Sinosure, including on the limitation approval, on the rate flexibility and the discount within the premium floating range; (e) evidence concerning the long-term operating costs and profits of the export credit insurance activity; (f) evidence concerning the assessment of the market situation in the photovoltaic sector.
Zlasti Sinosure ni predložila naslednjih informacij in dokazov, ki jih je zahtevala Komisija: (a) računovodskih izkazov za leto 2012, ki naj še ne bi bili na voljo na spletišču Sinosure; (b) ustrezne dokumentacije o zavarovanju izvoznih kreditov v zvezi z dvema vzorčenima sodelujočima izvoznikoma, vključno s pogodbami, oceno tveganja, korespondenco in dokazi o plačilih premij; (c) posebnih informacij o vodstvenih delavcih, ki jih imenuje državni svet; (d) dokazov o elementih in prednostih na seznamu v obvestilu iz leta 2004, ki sta ga skupaj izdala MOFCOM in Sinosure, vključno z odobritvijo omejitve, prožnostjo obrestne mere in popustom znotraj razpona spreminjanja premije; (e) dokazov o dolgoročnih operativnih stroških in dobičkih dejavnosti v zvezi z zavarovanjem izvoznih kreditov; (f) dokazov o oceni tržnega položaja v fotonapetostnem sektorju.
The Commission was also unable to verify a number of elements included in the questionnaire reply concerning Sinosure operations, including in particular its answers concerning the risk assessment, the actual setting of the premium and the application and approval process, given the refusal by Sinosure to discuss the specific contracts with the sampled cooperating exporters.
Komisija tudi ni mogla preveriti številnih elementov, vključenih v vprašalnik, v zvezi z delovanjem Sinosure, vključno zlasti z njenimi odgovori o oceni tveganja, dejanski določitvi premije in uporabi ter postopku odobritve, saj je Sinosure zavrnila razpravo o posebnih pogodbah z vzorčenimi sodelujočimi izvozniki.
Sinosure was also unable to clarify or submit supporting documents for some inconsistencies in the figures or other elements contained in its questionnaire and deficiency letter replies identified by the Commission.
Sinosure tudi ni mogla pojasniti ali predložiti podpornih dokumentov za nekatere nedoslednosti v podatkih ali drugih elementih v svojem izpolnjenem vprašalniku ali odgovoru na poziv k dopolnitvi, ki jih je ugotovila Komisija.
The GOC and Sinosure sought to justify this lack of cooperation on the basis of confidentiality concerns during the verification visit and in the GOC letter of 3 June 2013.
Kitajska vlada in Sinosure sta poskušali to nesodelovanje med preveritvenim obiskom in v dopisu kitajske vlade z dne 3. junija 2013 upravičiti s pomisleki glede zaupnosti.
In this regard, the pre-verification letter and subsequent email correspondence made it very clear that the Commission required the verification to be meaningful and would obviously take all necessary precautions to protect the confidential information submitted or simply just provided for inspection, in accordance with its legal obligation to protect this information ensured by the relevant strict EU rules.
V zvezi s tem je bilo v predpreveritvenem pismu in sledečih elektronskih dopisih jasno navedeno, da je Komisija zahtevala smiselno preverjanje ter da bi sprejela vse potrebne previdnostne ukrepe za zaščito zaupnih informacij, ki bi se predložile ali dale na voljo za pregled, v skladu s svojo pravno zavezanostjo k zaščiti teh informacij, ki jo določajo ustrezna stroga pravila EU.
With regard to the documents Sinosure tried to submit well after termination of the verification visit and for which it failed to allow proper verification by the Commission, they cannot be taken into account as they were specially prepared for the investigation and the Commission could not verify the source documents.
Dokumentov, ki jih je Sinosure poskusila predložiti precej po zaključku preveritvenega obiska in v zvezi s katerimi Komisiji ni omogočila ustreznega preverjanja, ni mogoče upoštevati, saj so bili pripravljeni posebej za preiskavo, pri čemer Komisija ni mogla preveriti izvornih dokumentov.
Given this lack of cooperation by the GOC and Sinosure, the Commission was unable to verify a number of elements concerning the provision of export credit insurance cover by Sinosure to the sampled cooperating exporting producers of the product concerned.
Zaradi nesodelovanja kitajske vlade in Sinosure Komisija ni mogla preveriti številnih elementov v zvezi z zavarovanji izvoznih kreditov, ki jih zagotavlja Sinosure za vzorčene sodelujoče proizvajalce izvoznike zadevnega izdelka.
Therefore, some of the Commission's findings are based on the information available on the record in accordance with Article 28 of the basic Regulation.
Zato nekatere ugotovitve Komisije temeljijo na razpoložljivih informacijah v skladu s členom 28 osnovne uredbe.
Sinosure is a public body
Sinosure je javni organ
The investigation has established that Sinosure is a public body within the meaning of Article 2(b) of the basic Regulation and of the relevant WTO jurisprudence [73] as it possesses exercises or is vested with governmental authority.
V preiskavi je bilo ugotovljeno, da je Sinosure javni organ v smislu člena 2(b) osnovne uredbe in ustrezne sodne prakse STO [73], saj ima, izvaja ali pa ji je zaupano pooblastilo vlade.
In particular, the GOC exercises meaningful control over Sinosure [74] and Sinosure exercises governmental authority in its performance of governmental functions.
Zlasti kitajska vlada izvaja znaten nadzor nad Sinosure [74], Sinosure pa pri svojem opravljanju vladnih funkcij izvaja pooblastilo vlade.