LINE

Text:AAAPrint
Economy

China concerned over Vietnam's investigation into Chinese steel

1
2016-10-10 08:54Xinhua Editor: Mo Hong'e ECNS App Download

The Ministry of Commerce on Sunday expressed concern over Vietnam's investigation into Chinese steel products and urged the country to be cautious and restrained in using trade remedy measures.

"Chinese steel products have contributed a lot to the improvement of Vietnam's infrastructure," according to an unnamed official quoted on the ministry's website.

The remarks came after Vietnam on Friday began investigating H-section steel imported from China, the latest in a series of Vietnamese anti-dumping probes targeting Chinese steel.

"Resorting to trade remedy measures will be detrimental to bilateral economic ties," said the official.

China hopes the investigation will be fair and transparent, said the official, adding that Chinese exporters were guaranteed the right to defend themselves.

As the world's largest steel consumer and producer, China has called for unity in tackling severe overcapacity in the global steel market, saying that protectionism will only compound problems.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.