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GAO-06-162 China Trade: U.S. Exports, Investment, Affiliate Sales Rising, but Export Share Falling
GAO-06-608T U.S.-China Trade: Challenges and Choices to Apply Countervailing Duties to China
This is a print on demand edition of a hard to find publication. China is both the fastest growing motor vehicle market and the fastest growing vehicle producer. Contents of this report: (1) Introduction; (2) China Becomes a Major Motor Vehicle Producer; (3) Foreign Investors in Chinese Motor Vehicle Industry: General Motors Now the Market Leader; Independent Production vs. Foreign Cooperation; (4) Impact of China on the U.S. Automotive Market: Chinese-Made Vehicles Not Imminent Factor; Major Chinese Impact in Automotive Parts; Competitive Labor Costs; (5) U.S. Policy Issues in Economic Relations with China; Administration Focus on Chinese Auto Sector Commitments; Congressional Concerns with Competition from China; (6) Conclusion. Charts and tables.
U.S. companies adversely affected by unfair imports may seek antidumping (AD) duties. China is classified as a non-market economy (NME) & a special methodology is used that is believed to produce AD duty rates that are higher than those applied to market economies. In light of increased concern about China's trade practices, a review was conducted by efforts of U.S. gov't. agencies responsible for ensuring free & fair trade with China. This report: (1) explains the NME methodology; (2) analyzes AD duties applied to China & compares them with duties applied to market economies; & (3) explains circumstances in which the U.S. would stop applying its NME methodology to China & evaluates the potential impact of such a step. Charts & tables.