Click on our logo to return to home
more stories »   
 
Help
Television
News
Learn English
About
Tuning In
14/05/2008 17:05:12 China tightening exports to reduce surplus: WTO
China
In Depth
 
The World Trade Organisation says China has made its export regime more restrictive in part to reduce its large trade surplus.

In its review of China's trade policies, the WTO says Beijing uses a variety of measures to restrain, if not prohibit, exports of a considerable number of products.

These measures include export taxes, reduced rebates of taxes on exports, export prohibitions, licensing and quotas.

The WTO says while some of these measures aim to meet Beijing's international obligations, many are intended to reduce China's large trade surplus - a source of trade friction.

In recent years China has been engaged in several high profile trade rows with the US and the EU over items ranging from textiles, shoes to auto-parts.

Produced by Radio Australia and Australia Network

Latest Viewpoints
Australia's foreign affairs »
07/02/2008
The Suharto era: an Australian perspective »
Former Australian Foreign Minister Alexander Downer - 28/01/2008
Related Stories
HOME    CONTACT US    SITE MAP    LEGALS    NEWS SOURCES    © ABC 2008