Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

China challenges Australia anti-dumping measures at WTO

Published

on

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.

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.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Leaders

Trump officially nominates J.D. Vance to be his Presidential running mate

Published

on

Former President Donald Trump has officially nominated J.D. Vance as his running mate for the upcoming presidential election, cementing Vance’s role in the Republican ticket.

J.D. Vance, once a vocal critic of his policies, has been selected by the former President to be his running mate in the upcoming presidential election.

Ticker’s Ahron Young discusses all the latest. #featured #trending

Continue Reading

News

Esports officially recognised by Olympic officials as they aim to “keep up with digital age”

Published

on

Saudi Arabia will host the first official Olympic Esports Games in 2025, in a bid to “keep up with digital age”.

The decision comes amidst growing global interest in esports and the influence and cultural impact of gaming in the digital era.

The event aims to showcase top esports talent and foster international unity through competitive gaming on a global stage.

Emily Leaney discusses all the latest.

Continue Reading

Leaders

Political left gains ground in France and UK amid rising geopolitical tensions

Published

on

By

France and the UK have seen unexpected political shifts to the left, challenging predictions of a populist right surge.

2024 is the year of the election, and amid uncertainty of the election results, global tensions are rising between each nation.

In the backdrop of economic uncertainties and geopolitical rivalries, each nation’s electoral outcomes could significantly influence global stability and cooperation efforts.

Professor Tim Harcourt from UTS and The Airport Economist joins to discuss. #featured #trending #global view

Continue Reading

Trending Now