10/15/2015

China loses WTO appeal in stainless steel dispute

China lost an appeal ruling in a World Trade Organization dispute in which Japan and the European Union had complained about Chinese use of anti-dumping duties on high performance, seamless stainless steel tubes. A WTO dispute panel had largely ruled against China in February, but all three parties appealed, and the WTO's Appellate Body strengthened the case against China, reversing points where the panel had backed Beijing.