Latest News:  
Beijing   Sunny/Cloudy    23 / 11 ℃  City Forecast

English>>China Business

WTO to examine US duties on China's exports


13:21, September 29, 2012

The World Trade Organization (WTO) Dispute Settlement Body (DSB) Friday agreed to establish a panel to study the complaint against countervailing duty measures taken by the United States on certain products from China that the US considers are subsidized.

China said that it recognized WTO members' legitimate rights to adopt trade remedy measures but such rights must be exercised in accordance with WTO rules and not be subject to any form of abuse.

The United States said the measures applied were necessary in order to offset alleged subsidies bestowed by China.

China brought 22 countervailing measures applied by the United States to the WTO on May 25 and requested for consultations.

It said that countervailing measures on 22 products, including steel products, solar cells and paper products, has affected China's export to the United States to the tune of 7.3 billion U.S. dollars.

At Friday's DSB meeting, China rejected the first request by the United States for the establishment of a panel to examine China's anti-dumping and countervailing duties on certain automobiles from the United States.

The United States filed the dispute on July 5, for which consultations between the two parties were not successful. According to WTO rules, members have the right to reject the request for the establishment of a panel once.

News we recommend:
Toll fee exemption boosts auto rentals GDP may slow for 9th quarter China-ASEAN Expo increases trade volume
Expo gives evidence of manufacturing shift China looks to Xinjiang for new energy China industrial profits decline further in Aug
Logistics co-op needed in China, ASEAN  The global use of yuan increases New Deal to Boost Consumption


Leave your comment0 comments

  1. Name


Selections for you

  1. Chinese weapons arouse heated discussions

  2. Hug is a universal language of love

  3. iPhone 5 a new business engine

  4. Chinese models invade catwalk

  5. Explosion !!!

  6. What are these ??Can you guess?

Most Popular


  1. 'Economic war' with Japan unwise
  2. An end to the era of double-digit growth
  3. Human resources need more investment
  4. Japan should know facts rather than rhetoric prevail
  5. Be vigilant against resurgence of militarism in Japan
  6. Easy times gone for foreign firms in China
  7. Noda gov't in hot water as LDP eyes comeback
  8. White paper makes watertight case for Diaoyu claim
  9. Intl firms should learn from Chinese counterparts
  10. Aircraft carrier brings timely morale boost

What's happening in China

Job fair for overseas returnees held in Beijing

  1. Doubts remain in railway bids
  2. 2,000 in hospital brawl after woman dies
  3. Capital starts releasing new PM2.5 air quality data
  4. Food poisoning sickens 42 kids, one dead
  5. Five killed in gold mine fire in NW China

China Features

  1. Culture invasion? Starbucks kisses Buddha
  2. Public should enjoy more 'tourism benefits'
  3. Ancient villages face losing their souls
  4. Economic circles key to Sino-Japan relations
  5. How to pan for gold in cultural investment fever

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture