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Thread: China has been the target of anti-dumping cases!

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[quote=APAULT,251744]The reality is that China was not dumping garlic (or anything else).  It has been exactly what the US advocates but doesn't practice, it has been taking advantage of the market economy.  If the US framers cannot compete they should move to growing something else or get right out of agriculture (says the theory) - and that is exactly what happened according to Destuctoz.  If the land was left bare (which I doubt) it means it was not economic to use and so should not b used.  The problem is that the US has a one sided view of the market economy.  There are economic studies that show that protectionism does not pay (at least for developed economies).  This is exactly what we should expect: sunsidies or other protection encouragies inefficiency.  Australia has probably doen more over the last 20 years to reduce protection to industry, even at the expense of some industries.  The result is that its economy is booming.

Where does China sit in this?  Does it subsidise industry and agriculture.  Ask the farmers how much subsidy they get.  Do they get cheap electricity?    The answer is that they don't.  I just read an article that showed in the grain crisis in the early 90's that many countries were subsidising farmrs by an average of about 20%.  In China some well intentioned but misguided policies saw grain farmers receive a negative subsidy ie THEY were being forced to sell at below cost prices, not receiving subsidy.[/quote]

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