Sunday April 5, 2020

WTO criticises China on subsidies data

China doesn’t provide adequate data about subsidies and other government assistance it gives to its domestic industries, the World Trade Organisation.

12th June, 2012
State-owned enterprises remain dominant in certain sectors in China, said the WTO.

China doesn’t provide adequate data about subsidies and other government assistance it gives to its domestic industries, the World Trade Organisation 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...

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