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Ministry calls US move 'violating WTO rules'
Source: Xinhua |
September 30, 2010, Thursday
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Online Edition
Online Edition
The US-proposed anti-subsidy investigation against Chinese imports on the grounds of exchange rate has violated the rules of the World Trade Organization (WTO), Yao Jian, spokesman of China's Ministry of Commerce said today.
The US House of Representatives yesterday passed the proposed Currency Reform for Fair Trade Act, to allow the United States to seek trade sanctions against its trade partners for allegedly manipulating their currency, a new move of the US's rising trade protectionism.
The US House of Representatives yesterday passed the proposed Currency Reform for Fair Trade Act, to allow the United States to seek trade sanctions against its trade partners for allegedly manipulating their currency, a new move of the US's rising trade protectionism.
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