SUBSCRIBERS

US challenges sweeping Chinese export subsidies

Published Thu, Feb 12, 2015 · 09:50 PM
Share this article.

Washington

THE United States on Wednesday launched a legal challenge to Chinese export subsidies supporting billions of dollars of exports across a wide swathe of industries from steel to shrimp.

US Trade Representative Michael Froman said that Chinese companies in designated export hubs benefited from free or subsidised services, cash grants and other incentives which gave their products an unfair advantage.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here