Arab Today, arab today china urges us to correct trade investigations
Last Updated : GMT 06:00:14
Arab Today, arab today
Arab Today, arab today

China urges US to correct trade investigations

Arab Today, arab today

Arab Today, arab today China urges US to correct trade investigations

Beijing - XINHUA

China on Thursday urged the United States to correct its wrongdoing in abusing trade remedy measures after a World Trade Organization (WTO) panel highlighted a number of cases in which it had broken the rules in this regard. The panel ruled earlier on Thursday that the United States broke the rules in 25 anti-dumping and anti-subsidy investigations on China between 2006 and 2012, involving an annual average of over 7.2 billion U.S. dollars, according to the MOC. Ministry spokesman Shen Danyang said China applauded the ruling and hopes the United States can stop wrongdoing as soon as possible, so as to preserve fair competition for Chinese enterprises. Meanwhile, China reacted with regret to another ruling that U.S. anti-subsidy duties on "non-market economy countries" did not break the WTO rules. The United States passed a tariff act amendment on March 13, 2012, allowing its investigation agencies to trace back to impose anti-subsidy duties on "non-market economy countries" since Nov. 20, 2006.

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