Tuesday, September 18, 2012

China files trade case against Washington

(AP) ? China has filed a trade case challenging U.S. anti-dumping measures against a wide range of Chinese goods including kitchen appliances, magnets and paper.

The Chinese government said it filed the case Monday with the World Trade Organization in Geneva. That came after news reports said the Obama administration will file its own WTO case this week accusing Beijing of improperly subsidizing exports of autos and auto parts.

A Chinese statement gave no details of the challenge but said the American anti-dumping measures affected 24 types of products worth $7.2 billion.

The case adds to a flurry of disputes between Washington and Beijing over subsidies and market access.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-09-17-China-US-Trade/id-95cb4b2e07704214952341af52195a3e

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