Enterprises must react actively to trade conflicts

Chinese enterprises and government must take coordinated action to respond to the anti-dumping tariffs of the US, says an editorial in Beijing Youth Daily. Excerpts:

The United States is preparing to levy anti-dumping tariffs on hardwood and plywood products made in China. Since 2008, 40 percent of trade protectionism measures have targeted China, the biggest victim of the international trade war.

Past experience indicates the industrialized countries' protectionism measures target not only the heavy chemical industrial products made in China, but also light industries, and the amount of money involved in the trade conflicts has risen very quickly in recent years.

These trade conflicts directly affect Chinese enterprises' revenues and China's job market.

The Chinese government and industrial associations must help enterprises respond to the charges of the developed countries collectively.

Chinese enterprises should build up their learning curve quickly in dealing with the trade war and react actively to the legal cases and defend their legal interests.

Last but not least, the Chinese government should provide necessary assistance to Chinese enterprises so they can win the legal cases against them.

China, as an important trade country in the modern world, and its enterprises should adapt themselves to their positions in current world trade.