EU files WTO complaint over Chinese media restrictions: sources
11/03/2008 12:00
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The dispute has been brewing since September 2006, when
"Xinhua is both a competitor of European financial services information providers and their Chinese regulator," an EU Commission source told AFP last month.
"This creates a situation that is unfair and puts foreign suppliers at a disadvantage," the source said.
The Financial Times reported on Monday that trade officials from the
The move follows a visit by EU Trade Commissioner Peter Mandelson at a time of rising tensions between
As Europe's trade deficit with
Europe ran a trade deficit with
The EU also recently launched investigations to see if China was unfairly selling steel, cables and candles to Europe at below cost in what is know as dumping and which can lead to retaliatory tariffs.
Mandelson himself has come under fire from some member states over his negotiating tactics, which have been criticised for allowing
Last week, his colleagues in the European Commission voted in favour of imposing anti-dumping tariffs against
The air compressor case has limited economic importance for the European Union as only
"But it's a question of principle for EU anti-dumping policy and Mandelson suffered a heavy defeat," an EU official said on condition of anonymity.
Mandelson has frequently clashed with his German, French and Italian colleagues at the commission over anti-dumping cases, arguing that the benefits of such measures should not exceed their costs to European producers and consumers.
Source: www.eubusiness.com
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