China Doesn’t Provide Sufficient Data on Subsidies, WTO Says
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China doesn’t provide adequate data about subsidies and other government assistance it gives to its domestic industries, the World Trade Organization said in its biennial review of the Asian nation’s trade policy.
While such forms of aid are “important features” of China’s trade policy and industrial policy making, the government isn’t transparent about the level or sources or assistance, the Geneva-based WTO said today. Members of the trade arbiter will comment about China’s policies today and on June 14, with governments including the U.S. and the European Union set to express criticism, as they have in past years.