Trade disputes affects 1.5 mln Chinese jobs

The Ministry of Commerce says the global financial crisis has dampened China's export market and worsened the trade environment. By the end of October, 19 countries had filed 88 anti-dumping investigations against China.

88 anti-dumping cases in 10 months have cost China in exports worth more than 10 billion US dollars and 1 and a half million jobs. That's the assessment of the Ministry of Commerce department that investigates industry injury due to trade disputes.

Export cases involving the US surged 5 times in terms of value, and those involving India rose 18 times.

Yang Yi, Department Director of Industry Injury Investigation, MOC said "Both the number and the value of anti-dumping cases increased significantly. China is the victim of a third of the whole world anti-dumping cases, and has been the biggest victim in the past 13 years. "

Yang Yi says in the 22 categories of industrial products classified by international standards, Chinese products rank No. 1 in 7 of them, and the top three in 15.

Half of the world PCs, TVs, digital cameras, mobile phones, panel glass, cement are produced in China. This makes the country highly dependent on the global market, and vulnerable to trade dispute risks.