|
AFS Takes Aim at China's WTO Compliance |
|
|
|
The American Foundry Society (AFS) recently filed comments with the Office of the U.S. Trade Representative (USTR) for its annual report to Congress on China's World Trade Organization (WTO) compliance record. China became a member of the WTO in 2001, and under the agreement, USTR must submit an annual report to Congress on China's WTO compliance efforts by Dec. 11 of each year. Based on member input, AFS identified several areas in which China hasn't fully complied with rules it agreed to when joining the WTO, including undervalued currency, government subsidies to many of its manufacturers (including metalcasting facilities) through government grants, tax breaks, inexpensive water and energy, and generous loan terms from state-owned banks. For more information, contact Stephanie Salmon, AFS Washington Office, at 202/842-4864 or
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
.
|
