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Asia
 

China urges US not to abuse trade system for own advantage

Published on Jul 17, 2014 1:13 PM
 

BEIJING (REUTERS) - China's commerce minister urged the United States on Thursday not to abuse the global trade system by imposing duties on Chinese goods to protect its own economy, following a rebuke to Washington by the World Trade Organisation.

WTO judges said on Monday the United States broke its rules in imposing hefty duties on Chinese steel products, solar panels and a range of other goods that Washington argues enjoyed government subsidies.

In comments carried on the Trade Ministry's website following the WTO ruling, Chinese Trade Minister Gao Hucheng said his country would not sit idly by while the United States harmed the rights of Chinese companies.

"The misuse by the United States of trade measures to help (their) economy seriously harmed the legal rights and interests of Chinese companies. Not only is the Chinese government seriously concerned, it will not sit by and look on," Gao said.

 
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