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An official with the Ministry of Commerce (MOC) said on Saturday that China opposes abuses of trade remedies about the diamond saw blade anti-dumping and hopes that trade disputes with America can be resolved as soon as possible under the WTO dispute-settlement mechanism, he said this is .

China is concerned about the disputes with the United States that have remained unresolved after negotiations and consultations between the two sides, the official said. He accused the United States of breaching world trade rules.

 

The official made the remarks regarding China's appeal on Thursday for the World Trade Organization (WTO) to set up an expert team to help settle disputes over a controversial zeroing measure imposed by Washington against Chinese frozen shrimp and diamond saw blades.
 

The legitimate rights of Chinese diamond saw blades industries have been impeded disproportionately high tariffs adopted by the United States, he said.
 

A country is usually considered to be dumping a certain product if the average price on the foreign market is unfairly low.
 

The zeroing method does not use an average price for exports of the product, but considers only those that are cheap, disregarding (or "zeroing") all prices that are above the home market.
 

That means it only takes into account the low-priced goods and effectively can inflate the apparent amount of dumping.

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