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Strategies & Market Trends : Galapagos Islands
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To: Jorj X Mckie who wrote (51296)3/19/2004 2:15:20 AM
From: Lazarus_Long  Read Replies (2) of 57110
 
U.S. files WTO complaint against China
First-ever action against China at the WTO challenges Chinese tax policies.
March 18, 2004: 2:12 PM EST

WASHINGTON (Reuters) - The United States became the first country on Thursday to bring action against China at the World Trade Organization, in a case challenging Chinese tax policies that Washington believes are an unfair barrier to semiconductor imports.

"U.S. manufacturers of semiconductors and other products have a right to compete on a level playing field with Chinese firms," U.S. Trade Represent Robert Zoellick said in a statement. "As a WTO member, China must live up to its WTO obligations. It cannot impose measures that discriminate against U.S. products."

continues

money.cnn.com
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