South African import probes targeting China prompt call for free-trade zone
- Study finds more than 17 per cent of South Africa’s anti-dumping measures aimed at Beijing, with Chinese steel products the biggest targets
China and South Africa should establish a free-trade zone “as soon as possible”, a Renmin University academic has suggested as Beijing has been the top target of the country’s anti-dumping actions.
In an article published on Wednesday, Song Lifang, vice-president of the university’s Belt and Road Economic Research Institute, suggested that Beijing set up an economic integration organisation in the region to counter anti-dumping measures.
The action accounts for 17.53 of South Africa’s anti-dumping investigations and 17.36 per cent of its anti-dumping measures in the 26-year period.
In comparison, South Africa launched 23 anti-dumping investigations against India, 16 against South Korea and 13 against Taipei in the same period.
Anti-dumping duties are protectionist tariffs that a government imposes on imports.