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Opinion / Quotes of The Day

May.24

(China Daily) Updated: 2016-05-24 08:25

"After more than three decades of protection and subsidies, the United States has distorted competition in its domestic steel market, deprived local companies of motivation to increase investment or improve technology and subsequently blunted their competitive edge."

The Chinese Ministry of Commerce, in a statement on Saturday, blamed protectionism for the woes of the US steel industry.

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