Thread: 32 countries to remove China from preferential tariff treatment on Dec. 1

TAIPEI (Taiwan News) — China Customs says 32 countries will no longer provide preferential tariff treatment to the world's largest exporter from Dec. 1, and an economic expert says labor-intensive businesses will bear the brunt of the development.


According to a statement recently issued by the General Administration of Customs of China (GACC), 32 countries will remove China from their trade preference lists of beneficiaries of duty-free tariff treatment of certain products, Hong Kong media reported. The GACC applauded the move as "a recognition from other advanced economies that China does not belong to the bracket of low-income and lower-middle-income countries anymore and that Chinese products are competitive enough in the market that (they need) no protections."


"We are 'graduating' from the GSP (Generalized System of Preferences) program and are ’sort of' moving towards becoming a mature economy," it stated.

The preferences were given to China starting in 1978, and some 40 countries have granted or are still giving it duty-free treatment on certain exports. Starting Dec. 1, 27 EU nations, the United Kingdom, Canada, Turkey, Ukraine, and Liechtenstein will no longer grant China this treatment, leaving the nation eligible for GSP trade benefits from only three countries — Norway, New Zealand, and Australia.


Chunghwa Economy and Finance Association Deputy Secretary General Tseng Chih-Chao (曾志超) told RFA that the end of duty-free market access to China will leave little impact on its overall exports. Labor-intensive and low-margin businesses, however, will bear the brunt, and that might speed up the relocation of production from China to other developing countries as a result, he said.

32 countries to remove China from preferential tariff treatment on Dec. 1 | Taiwan News | 2021-11-03 13:50:00

Warning: Be cautious if you are a fragile pink

Oh dear, that will cause yet more chinky whinging.

Next question:

What took them so long ?

Oh fear not, the chinky whingers will have all of their paid stooges out writing Op-Eds that say it's the merkins fault.

Don't think so 'arry-

The GACC applauded the move as "a recognition from other advanced economies that China does not belong to the bracket of low-income and lower-middle-income countries anymore

About time China started paying more dues to the UN too. It is by no means a 'poor country' these days.

Originally Posted by helge

Next question:

What took them so long ?

Precisely . . . but China still receives foreign aid . . . how utterly ridiculous

So does Israel- and the Chinese government now gives more in foreign aid than the US gov't.

Originally Posted by sabang

So does Israel

That'd be interesting in an Israel thread . . . this is a China thread. I look forward to your Israel thread about receiving foreign aid.

Originally Posted by sabang

and the Chinese government now gives more in foreign aid than the US gov't.

Interesting . . . but untrue:






And just for Afghanistan



China doesn't make public its foreign aid - also, their 'foreign aid' is coupled with development projects using Chinese infrastructure, labor and all sorts of bells and whistles.

If you want to play per capita then China is even worse:

Luxembourg made the largest contribution as a percentage of gross national income (GNI) at 1.05% and the United Nations’ ODA target of 0.7% of GNI was also exceeded by Norway (1.02%), Sweden (0.99%) and Denmark (0.71%).^[1] The European Union accumulated a higher portion of GDP as a form of foreign aid than any other economic union.^[2]
The United States is a small contributor relative to GNI (0.18% 2016^[3]) but is the largest single DAC donor of ODA in 2019 (US$34.6 billion), followed by Germany (0.6% GNI, US$23.8 billion), the United Kingdom (0.7%, US$19.4 billion), Japan (0.2%, US$15.5 billion) and France (0.4%, US$12.2 billion). Many providers beyond the DAC have long traditions of development cooperation. Amongst these, according to the preliminary figures for 2019 reported to the OECD, Turkey exceeded the 0.7% ODA/GNI target with 1.15%.^[1]

Nice try, but not a goal

Nope, 2019 figures-


United States $34.62 billion $95.520 .16

China

$38 billion [8][9][10]

$27.86

0.36

List of development aid country donors - Wikipedia


China wins, both in Absolute terms and percentage of GNI.

Originally Posted by sabang

China wins, both in Absolute terms and percentage of GNI.

You're using Wiki metrics to support your claim . . . I've provided three.

China doesn't win, nice try

D'ohhh- the figures you provided are for the ODA only, which is part of the OECD. China is not a member of the OECD, so it is obviously not counted. The figures I provided are accurate, and reflect national governmental foreign aid contributions. A written face palm will suffice.

No dice amigo.

Originally Posted by sabang

Nope, 2019 figures-


United States $34.62 billion $95.520 .16

China

$38 billion [8][9][10]

$27.86

0.36

List of development aid country donors - Wikipedia


China wins, both in Absolute terms and percentage of GNI.

The majority of Chinese ‘aid’ is linked to caveats that mean China remains in control of many third world countries. The western donors got a bit tired of funding new motorcades for African dictators.
China worked around that by issuing soft loans that they knew dictatorships would default on. China doesn’t do anything without having back door leverage kick in at some stage of the process.
They are massaging the Laos belt and loan railway in much the same way. Laos will default and China will clean up in profit, both in owned infrastructure in a foreign country and any cash they can squeeze out of it.

Development loans do not come under the foreign aid budget, although of course it is not exactly new that outright foreign aid is somewhat aligned with foreign policy objectives. Hardly a Chinese invention though.

Originally Posted by sabang

Development loans do not come under the foreign aid budget, although of course it is not exactly new that outright foreign aid is somewhat aligned with foreign policy objectives. Hardly a Chinese invention though.

It has little to do with what it’s called, but how they prey on poor thick leaders with infrastructure and jobs promises, then use loans through the back door to claim title to foreign infrastructure.

I know Klongdick acne oh woe are brainwashed, but you were a bit smarter than claiming that the Chinese are honest broker. You know they are not.

Warning: Be cautious if you are a fragile pink

Originally Posted by sabang

Development loans do not come under the foreign aid budget, although of course it is not exactly new that outright foreign aid is somewhat aligned with foreign policy objectives. Hardly a Chinese invention though.

No, but "Belt and Owed" is.

"Development" loans are usually for developing something that benefits the chinkies at the expense of the host country to which the chinky parasite has attach itself.

Originally Posted by OhOh

If so, 161 UN countries, 83%, did not.

You're either utterly disingenuous or completely thick. A combination of the two is possible.

There are 8 billion people in the world and only 172 voted for the 'out' . . . if only maths were that simple, OhWoe

Basically, China has been removed by 32 countries from the "D'uhh we're a poor country and need charitable, preferential treatment" list. Some might say it was well due.
It seems to me that China is approaching OECD status. It will certainly seem strange if the Worlds largest GDP, exporter, importer & manufacturer is not a member.

Originally Posted by sabang

Basically, China has been removed by 32 countries from the "D'uhh we're a poor country and need charitable, preferential treatment" list. Some might say it was well due.

Yet apologists like OhWoe whine about it. The OECD is more than just a 'club' of wealthy or high-gdp nations, so entry isn't automatic once a certain fiscal threshold is reached - something which propagandists like to ignore - see above.

Originally Posted by sabang

It will certainly seem strange if the Worlds largest GDP, exporter, importer & manufacturer is not a member.

Well they need to behave like grown ups before they get that invite. Take their recent absence from the (useless admittedly ) COP26. China is actively forcing the Wests hand in beginning the process of removing its reliance on them - the sooner the better imo. China is going to start to feel headwinds fairly soon, their approach on Belt and Owned is going to wear thin once countries realise the loans are nothing but shackles.

I dont know why Australia and New zealand havent. It may be due to the free trade agreement they have with china. In any case Australias tarriffs are quite low compared to many asian countries and the E.U. which still have high protection tarriffs on many of their goods.

Originally Posted by sabang

"D'uhh we're a poor country and need charitable, preferential treatment"

China is still using that list as an excuse to do things like pollute more than any other country, take over the South China Sea and violate the EEZ of every nation in the world. These countries are probably just getting tired of their excuses, human rights violations and aggressive actions toward the entire world.

Originally Posted by OhOh

Is that a good move?

Long overdue and absolutely good . . . wy do you want to appear poor and weak, the loss of face must be horrifying for you

Originally Posted by TTraveler

China is still using that list as an excuse to do things like pollute more than any other country, take over the South China Sea and violate the EEZ of every nation in the world. These countries are probably just getting tired of their excuses, human rights violations and aggressive actions toward the entire world.

Absolutely