China rules U.S car makers guilty of dumping
May 5, 2011
The following is excerpted from the 5 May 2011 edition of The Globe and Mail.
China has found some U.S.-made passenger cars benefited from unfair subsidies, damaging its car makers, although Beijing side-stepped a potential trade row with the United States by not hitting them with duties.
That decision could ease fractious U.S.-China relations, already strained by tensions over the appreciation of the yuan and criticisms from the United States that Beijing is favouring giant state-owned enterprises by keeping borrowing costs low...
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