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Trade war brews as China economy slows

Beijing unfairly helping its firms boost exports with tax cuts to offset slowdown at home, say trade partners

Published Fri, Dec 11, 2015 · 09:50 PM
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Geneva

CHINA'S smelters, refiners and manufacturers are increasingly exporting goods they can't sell into a slowing domestic economy, prompting accusations of dumping and unfair subsidies from its trading partners.

With China's exporters already gaining a competitive edge from its weakening currency, global metals producers are crying foul over Beijing's plans to cut export taxes, and the United States is complaining that a raft of government subsidy programmes disadvantage rival producers.

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