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US Says China Illegally Subsidized Exporters

The United States is accusing China of illegally subsidizing its exporters in seven industries. U.S. Trade Representative Michael Froman said Beijing provided at least $1 billion in illegal subsidies during the past three years. The financial support, he said, violates rules set by the World Trade Organization. Froman said Chinese textile, clothing, metal, chemical, medical product, building material and agricultural industries benefited from the Chinese government's subsidies. He...

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