China playing by WTO rules, acted on concern: commerce ministry
Jul 02, 2012 | 01:08 PM
| Catherine Ngai
Tags
trade,
rare earths,
China,
WTO,
molybdenum,
tungsten,
Catherine Ngai
NEW YORK — Two days after the United States, the European Union, and Japan raised the stakes in a dispute with China over its alleged export restrictions on 19 metals, the Chinese Ministry of Commerce said it hadn’t violated World Trade Organization (WTO) rules but was acting out of concern for environmental sustainability.
"China has received information concerning the request of the United States, Europe and Japan," a spokesman wrote in a statement posted to the Ministry of Commerce’s website. "Concerning rare earths, the Chinese have repeatedly stressed that China’s policy goal (is) to achieve sustainable development in order to protect its resources and the environment. It has no....
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