The regulations applying to Chinese importations in the European Union

Résumé du document

In the late 1970s the group, popularly known as the Liem Investors, bought a stake in Overseas Union Finance to increase its Hong Kong presence. In a move seen as unusual among closely controlled Asian family businesses, around 1981, Salim directed his son Anthony to bring in outside talent to help the group expand. Anthony Salim approached Manuel Pangilinan, a Filipino with an MBA from the Wharton School working as an investment banker, to set up a deposit-taking company in Hong Kong that would enable Salim to expand into consumer products and finance. This eventually became First Pacific Company. China is now a real challenge in terms of trade for the European Union. It has become one of the major actors in international trade and exchanges with the EU in the past few years. China became the second trade partner for the EU right behind the United States and is the first source for imports. Considered as the world's factory for manufactured goods, China does not stop finding new trade partners all over the globe and it's becoming a member of the World Trade Organization in 2001 considerably helped the development of China as a first choice supplier. However, since the global economic crisis started in 2008, the European Union's 'protectionism' took non-negligible proportions.

Extraits

[...] Example: Milk from China Importations or bets on the market, freely or expensive, of foodstuffs composed from dairy products of Chinese origin is suspended for a length not exceeding one year. Sixty-nine brands of milk for infant would have commercialized dangerous products in 2008. While the first information signaled products of the SANLU group, principally in the north of the country, Chinese television revealed that a chemical substance was at the origin of the death of three new-born babies. It was discerned in sixty-nine different brands of milk for infant, produced by about twenty companies on the Chinese territory. [...]

[...] First we will make an overall view of the economic relations between China and the EU. Then, we will explain what are the major regulations for European imports that come from China with some specific examples and finally, we will take a look at the consequences of these regulations. The economic relations between China and the European Union Since the beginning of their economic relations, the EU has been implied in China's rapid development since Chinese exporters found many outlets in European markets. [...]

[...] But here we will focus on giving major regulations that are in force and to illustrate, we will have a precise look on the food industry, and textiles and footwear. Finally we will explain what are the antidumping measures about. II- Major regulations in force Numerous areas are affected but newly, textile, food industry and then antidumping measures against the Chinese footwear are being very displayed Food Industry When dealing with food and drinks, regulations are very strict. Indeed, there can be really bad consequences if producers, in this case Chinese ones, are using toxic materials into their production processes. [...]

[...] Finally, quality labels are different from a country to another one. [...]

[...] The rules of the EU are numerous and require for a very big attention from the importation traders when importing goods, particularly from China where the law is not the same concerning hygiene for instance. Our analysis shows that even if China has an increasing trade balance, product quality is still an issue. We talked about The European Union but a lot of other countries have a trade defense especially focused on this aspect of the goods or even services. [...]