You are here: Home » International » News » Politics
Business Standard

US, EU, Japan to join forces to confront China on trade practices

Washington, Brussels and Tokyo have raised complaints about China's subsidies to state-owned enterprises, state financing and investment rules that often force foreign firms to transfer technologies

Reuters 

The United States, European Union and Japan are expected to announce a joint effort on Tuesday aimed at confronting China over its excess industrial capacity and other trade practices, a source close to the discussions said. Trade officials from the two countries and the EU will make a joint statement on the sidelines of the World Trade Organization ministerial meeting in Buenos Aires, aligning to address the overcapacity issue, said the person, who spoke on condition of anonymity because talks on the issue were continuing. It was unclear whether China would be specifically ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, December 12 2017. 10:53 IST
RECOMMENDED FOR YOU