CHINA China on Friday threatened the US with litigation at the World Trade Organisation for imposing anti-subsidy duties on its paper exports, in only the second dispute Beijing has brought since joining the WTO in 2001.
The move marks a further escalation of trade friction between the two nations and follows an abrupt change of policy by the US, which broke a 23-year precedent by imposing so-called “countervailing duties” on exports from what it designates as a non-market economy.
