China: United States, Mexico's WTO complaint driven by politics

BEIJING - China said a complaint by the United States and Mexico over Chinese tax breaks that led to a World Trade Organisation investigation was based on a “huge misunderstanding” and political agendas. The WTO’s Dispute Settlement Body on Friday accepted the complaint, targetting China’s industrial subsidies that the two countries claim unfairly give Chinese products a competitive edge on the world market.

“The Chinese side thinks the suitors’ actions are motivated by domestic politics,” said a statement posted on the Chinese Commerce Ministry’s website on Monday. The complaint was initially filed in February but was blocked by China in July as the Asian giant was allowed to do under the global trade body’s rules.

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