China loses trade dispute over rare earth exports
China has lost a dispute at the World Trade Organization over limits on rare earth and metals exports, handing Europe and the United States a victory over what they see as Beijing’s unfair trade practices.
“Today’s ruling by the WTO on rare earth shows that no one country can hoard its raw materials from the global market place at the expense of its other WTO partners,” said EU Trade Commissioner Karel De Gucht.
Read more at: http://www.reuters.com/article/2014/03/26/china-wto-rareearths-idUSL5N0MN2ZZ20140326
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