The United States has taken its subsidy battle with China to the next step. The US Trade Representative has called upon the World Trade Organization's Dispute Settlement Body to set up an investigative panel to look into China's subsidy policies on enterprises' exports. The DSB has placed the US request on its discussion agenda for the July 24 meeting.

 

Mei Xinyu, a researcher with the Chinese Academy of International Trade and Economic Cooperation, has labeled this attack a new US method to seek a trade dispute in an interview with China Business News.

 

Yu Shengxing, an anti-dumping and anti-subsidy expert, believes that anti-subsidies are a more direct way for the US to achieve its goals, namely to open up the Chinese market still further and protecting intellectual property rights.

For more details, please read the full story in Chinese. ( http://www.china-cbn.com/s/n/000002/20070724/020000050992.shtml)

(China.org.cn July 24 2007)