Beijing, October 6:
China is dissatisfied with the European Unionâ€™s (EU) decision to impose anti-dumping tariffs on imports of Chinese leather shoes and may take â€œcorresponding measures,â€ the Chinese Commerce Ministry said in a statement posted on Friday on its website.
The EU decision to impose tariffs starting Saturday on leather shoes from China and Vietnam â€œlacks a legal basis and factual evidenceâ€ and fails to conform with EU and World Trade Organization anti-dumping rules, the statement quoted ministry spokesperson Chong Quan as saying Thursday.
â€œThe Chinese side will closely watch this issue and evaluate developments
and reserves right to take corresponding measures,â€ Chong said.
The EU Council of Ministers approved the anti-dumping tariffs Thursday, confirming a decision Wednesday by EU member states to impose extra duties for two years, instead of the five years that the European Commission had called for previously.
The European Commission had said that Vietnam and China illegally subsidised manufacturers with measures like cut-rate land and electricity, giving the Asian producers an unfair advantage over European competitors.
The extra duties amount to 16.5 per cent on leather shoes from China and 10 per cent on similar products from Vietnam, said EU diplomats.