Sunday 18 September 2016

China says grain subsidies meet WTO rules; 13 nations take aim at fishing subsidies


TRADE WARS
China says grain subsidies meet WTO rules; 13 nations take aim at fishing subsidies Beijing (AFP) Sept 14, 2016 - China's rice, wheat and corn subsidies are in line with WTO rules, Beijing's commerce ministry said after Washington launched legal action against what it says are "unfair" trade incentives worth $100 billion. The United States alleges China, the world's largest producer of wheat and rice, doled out "market price support" for the grains above levels agreed at the Geneva-based WTO, making Chi ... more

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