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WTO ruling regretted
CHINA has expressed its regret over a World Trade Organization ruling which rejected a Chinese complaint against "protectionist" measures taken by the United States against Chinese tire imports.
"China regrets that the WTO Appellate Body in its report released on September 5, 2011, decides to uphold the panel report on United States - Measures Affecting Imports of Certain Passenger Vehicle and Light Truck Tires from China," the Chinese Mission to the WTO said in a statement.
According to the statement, the US decision, a "protectionist measure ... unsupported by the US tire industry," was imposed "only to accommodate the country's domestic political pressure."
It said the punitive measure failed to cut US tire imports, but had hurt China's legitimate trading interests.
"China regrets that the WTO Appellate Body in its report released on September 5, 2011, decides to uphold the panel report on United States - Measures Affecting Imports of Certain Passenger Vehicle and Light Truck Tires from China," the Chinese Mission to the WTO said in a statement.
According to the statement, the US decision, a "protectionist measure ... unsupported by the US tire industry," was imposed "only to accommodate the country's domestic political pressure."
It said the punitive measure failed to cut US tire imports, but had hurt China's legitimate trading interests.
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