The tension between Japan and China has escalated as Japan announced plans to launch an anti-dumping investigation into graphite electrodes imported from China. This move has sparked concerns among Chinese experts and industry insiders who believe that Japan is following in the footsteps of the US in trying to contain China.
China, being the world’s largest graphite exporter, stands to lose significantly if Japan decides to impose anti-dumping duties on Chinese graphite electrodes. These electrodes are crucial for steelmaking in electric arc furnaces and are currently the only material capable of withstanding the high heat generated in these furnaces.
Xiang Haoyu, a research fellow at the China Institute of International Studies, expressed concerns about the negative impact this investigation could have on bilateral trade and economic cooperation between China and Japan. He warned that if Japan decides to go ahead with anti-dumping measures, it will not only hurt Chinese exporters but also damage the overall regional economic and trade cooperation in the Asia-Pacific region.
Wu Chenhui, an independent industry analyst, highlighted the long-term consequences for Japan, stating that their industries will suffer from higher costs if they cut ties with Chinese imports. He emphasized that Japan’s decision will ultimately depend on whether they can find domestic alternatives to Chinese imports.
The underlying political and security factors behind these “trade disputes” cannot be ignored. As the situation unfolds, it remains to be seen how Japan will navigate its relationship with China and whether it will prioritize its alliances with the US and other Western countries over economic interests.
