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orange blossom
 Post subject: US and EU unfair trade complain shift on China exports
PostPosted: Wed Jun 24, 2009 7:13 am 
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Joined: Tue Mar 20, 2007 11:46 pm
Posts: 1851
Location: Australia
China is a net importer for most raw materials to meet increasing demand for its manufacturing. Signs of increase production augurs well for global economic recovery.

Quote:
The complaints filed separately by US and EU with the WTO alleging that China is unfairly helping domestic industries by restricting exports of certain raw materials represent a departure from past allegations that China is flooding other countries' markets with its exports. The raw materials involved in the dispute include bauxite, coke, magnesium, manganese, silicon metal and zinc. China is a top producer of these materials.

China's government defended the restrictions, saying they protect the environment and improve the composition of China's exports.


http://www.theaustralian.news.com.au/bu%20...%2043,00.html
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