Date
17 December 2017

WTO rules against China on rare earth curbs, paper says

The World Trade Organization’s panel of experts has determined that China’s restrictions on the export of rare earths, along with tungsten and molybdenum, were against its rules, Economic Information Daily reported Thursday. The move came after a similar ruling in 2012 over export quotas China imposed on nine types of raw materials, suggesting the export quota system could end. China has 60 days to appeal against the decision while the WTO will publish its final ruling in three to four months. Chen Zhanheng, deputy secretary general of the Association of China Rare Earth Industry, said it will take action in response to the panel ruling, the report said.

– Contact HKEJ at [email protected]

TL/AC/SK

 

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