WTO appeal
Source: Agencies |
December 4, 2010, Saturday
|
Print Edition
Print Edition
CHINA has appealed against a ruling by a World Trade Organization panel upholding the right of the United States to impose extra duties on Chinese goods that Washington said were unfairly priced and subsidized, an official at China's WTO mission said yesterday.
The appeal, launched on Wednesday in the complex case involving treatment of goods from a country that has not been recognized as a market economy and where the state influences prices, demonstrates China's increasing assertiveness in the global trading system.
China had challenged the way the US calculated the duties and the fact that it suffered a double penalty of anti-dumping tariffs for unfairly priced goods and countervailing duties for subsidized products
The appeal, launched on Wednesday in the complex case involving treatment of goods from a country that has not been recognized as a market economy and where the state influences prices, demonstrates China's increasing assertiveness in the global trading system.
China had challenged the way the US calculated the duties and the fact that it suffered a double penalty of anti-dumping tariffs for unfairly priced goods and countervailing duties for subsidized products
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