Reuters: Trade rows brew as China helps home team tackle slowdown

12/11/2015

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Dec 11, 2015 | Source: Reuters

China is sowing the seeds of a global trade war as its smelters, refiners and manufacturers increasingly export goods they can’t sell into a slowing domestic economy, prompting accusations of dumping and unfair subsidies from its trading partners.

With China’s exporters already gaining a competitive edge from its weakening currency, global metals producers are crying foul over Beijing’s plans to cut export taxes, and the United States is complaining that a raft of government subsidy programmes disadvantage rival producers.

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