China, EU Go Head-To-Head Over Anti-Subsidy Duties
In a long-expected decision, the European Commission said Saturday that China had significantly subsidized its paper manufacturers through cheap loans, tax incentives and other benefits that ran afoul of international trade rules. As a result, the EU slapped Chinese coated paper imports with countervailing duties ranging from 4 to 12 percent.
At the same time, the regulator said it...
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