News

China challenges Australia anti-dumping measures at WTO

Published

4 years ago

June 24, 2021

Anthony Lucas

China has filed a lawsuit at the World Trade Organisation over Australian anti-dumping and anti-subsidy measures

The anti-dumping measures affect Chinese exports of train components, wind turbines, and stainless steel sinks.

China hopes Australia can adopt concrete measures so that bilateral trade can return to normal.

https://twitter.com/tickerNEWSco/status/1407976240842121217?s=20

Relations between the two sides have steadily worsened since 2018, when Australia barred Huawei from building its 5G network.

Relations also went into freefall last year as Prime Minister Scott Morrison led calls for an independent probe into the origins of the coronavirus.

China opposes nations abusing trade remedy measures which damage the legitimate rights of Chinese companies and undermine the authority of WTO rules, Ministry of Commerce Spokesman Gao Feng told reporters in Beijing Thursday.

“On June 24, China filed a lawsuit against Australia’s anti-dumping and countervailing measures against imports of railway wheels, wind towers, and stainless steel sink products from China under the WTO dispute settlement mechanism,”
a press release filed to China’s Ministry of Commerce website reads.

Beijing has responded with tariffs and restrictions on imports of coal, barley, lobsters and wine.

The World Trade Organisation acts as an independent arbiter between member countries who believe their trade agreements are being infringed upon.

News

Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

Published

2 days ago

November 7, 2025

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

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Bitcoin crash shakes global markets

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November 7, 2025

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

Published

2 days ago

November 7, 2025

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

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