Nations Call for China Trade Probe

(UK Press Association)

The U.S., the European Union and Mexico have called on the World Trade Organisation to probe Chinese curbs on raw material exports that they say break global trade rules.

In separate statements, U.S. and EU trade representatives said Chinese quotas on exports of key minerals such as bauxite, coke, magnesium, manganese, silicon metal and zinc and export charges on several raw materials distort competition and increase global prices.EU Trade Commissioner Catherine Ashton said these were “making conditions for our companies even more difficult in this economic climate.” Read more here.