On June 8, the World Trade Organization distributed a report of the expert group that China won a comprehensive victory in the WTO dispute case against the US diamond saw blade anti-dumping measures. Shen Danyang, spokesman of the Ministry of Commerce, said in a statement on the 8th that China welcomed the ruling. China urges the US to respect the WTO ruling, cancel the practice that is inconsistent with the WTO rules as soon as possible, treat Chinese export enterprises fairly, and maintain normal trade activities between China and the United States. The WTO expert group ruled that the US’s use of the “return to zero†method to calculate the dumping margin of the investigated companies in the anti-dumping investigation conducted on Chinese diamond saw blades violated the Anti-Dumping Agreement and did not comply with WTO rules. It is understood that “return to zero†is a calculation method for comparing and determining the margin of dumping, assessing and levying anti-dumping duties. The “return to zero†method adopted by the US only calculates the dumping margin based on the transaction whose export price is lower than the normal value, and zeros the portion of the premium transaction whose export price is higher than the normal value, unfairly expanding the dumping margin, 2011 On July 22, the Chinese side filed a consultation request against the US anti-dumping WTO dispute case, and filed a formal consultation request with the Chinese party to the WTO dispute settlement mechanism.
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