CHINA LOSES APPEAL AT WTO OVER RAW MATERIALS EXPORT DUTIES
January 1st, 2012
BY KEITH NUTHALL
THE APPELLATE body of the World Trade Organisation (WTO) has today (Monday) dismissed the bulk of China's appeals against a WTO disputes panel ruling branding illegal its export duties and quotas on fluorspar, manganese, and silicon carbide. The Chinese government will now have to remove these charges and restrictions, which the United States, Mexico, and the European Union (EU) were claiming had unfairly restricted the flow of these key non-ferrous metals onto world markets. The effect, they said, was to inflate global prices, while reducing ...
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