Commerce ministry refutes US aluminum dumping claim
By Jing Shuiyu and Yang Ziman | China Daily | Updated: 2017-01-14 07:50
The US complaint against Chinese aluminum subsidies is untrue, because the industry is highly competitive and market-oriented, said the Ministry of Commerce.
"Related loans to aluminum companies and their purchases of raw materials are fully market-oriented and commercialized", according to the ministry's announcement released on Friday afternoon.
"The so-called subsidy program is a misreading of the industry and a misunderstanding of the WTO rules."
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