United States prosecution was to improve the status of China's seamless steel pipe business, there are many reasons for this. Jody presented to the economic observer, "337 investigation" itself is more complex, relatively high litigation costs, the legal fees in a case, evidence, security companies and other third party costs may require tens of millions of dollars should be lot of seamless steel pipe business overwhelmed the high cost of litigation, responding to give up more. The former "section 337 investigation", Chinese companies in many cases is not so positive. Data show that in decisions 47 in the past "section 337 investigation" cases, Chinese companies lawsuit up to 60%, well above the international average rate of losing 26%. Chinese Academy of social sciences, the world economy and politics Institute of international trade research Office Deputy Director Li also expressed at the economic observer, "compared with its predecessors, the '337 survey ' the final result will be more serious and, secondly, this investigation involves more enterprises, with 40 companies, and most of the large steel companies are some of the important, sphere of influence are considerable. Companies should be actively responsive prepared. "The discovery of 3-6 months thereafter, at the United States International Trade Commission, organized by each offer a variety of evidence. Outside of Baosteel, Wuhan, River steel, Shougang, angang and other investigations into seamless business according to this procedure. "Incorporated on May 26, is still in the process of preparing the defence, Baosteel, and we work closely with responding to prepare the materials and evidence. "Jody told the economic Observer newspaper, called prepare, mainly collecting factual evidence, as well as coping strategies. Baosteel covers three charges, so make full preparations. "This time China will conduct an independent appearance. Because each company is different, every business encounters and prosecution are not the same. According to our understanding, most will go to litigation. "Prior to June 16, Bao Steel to the United States International Trade Commission, to submit a written reply with respect to this case the first time to reply. In the written response, Baosteel's need for allegations by the plaintiffs rebutted comments made, as well as some confirmation of the fact. Consequences that may arise from the double against consequences of the investigations is to impose anti-dumping duties and countervailing duties, and is 337 investigation ruled that the prohibition orders and exclusion orders, means never losing United States market. How much China's chances? This frequent before "double reverse" investigation into "section 337 investigation", China United States export restrictions is increasing. Jody explained, because, first of all, the "double reverse" investigation concerns mainly products have low-price dumping and Government subsidies, thus impact on competitors, the section 337 investigation of a key allegation is a monopoly. "Monopoly is that you have a considerable market share, may have a monopoly, and the prosecution was to improve the status of China's seamless steel pipe business. ”
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