(AFP – Fran Wang)
China, under pressure to relax controls over rare earths, said Wednesday it would appeal against a World Trade Organisation ruling that it illegally restricted exports of other key raw materials.
The WTO last month upheld complaints by the United States, European Union and Mexico, ruling that China had failed to abide by accession commitments when it imposed quotas and duties on several types of minerals. The complainants charged that export quotas and duties imposed by Beijing on the raw materials were illegal and against commitments China made when it joined the world trade body.
“China will appeal,” commerce ministry spokesman Shen Danyang told journalists at a briefing Tuesday. “We maintain that our policies do not violate WTO rules.” Read more here.