Federal Report Lambasts China for Breaches of Trade Rules
China is still flouting World Trade Organisation rules 11 years after it first joined, misusing the complaints machinery for tit-for-tat retaliation, said US Trade Repesentative Ron Kirk.
“China’s trade policies and practices in several specific areas cause particular concern for the United States,” said Mr Kirk in his year-end report to Congress.
“China’s regulatory authorities at times seem to pursue anti-dumping and countervailing duty investigations and impose duties for the purpose of striking back at trading partners that have exercised their WTO rights in a way that displeases China,” said the report.
A range of policies raised “increasing concerns that China has not yet fully embraced the key WTO principles of market access, non-discrimination and transparency. China’s incomplete adoption of the rule of law has exacerbated this situation.”
The report accused Chinese officials of running rough-shod over foreign firms, forcing them to give up trade secrets in clear violation of WTO rules.
Read more from this story HERE.








The rocket launched earlier this month by North Korea had the capability to travel more than 6,000 miles, meaning this type of rocket could strike the United States, South Korean defense officials said.