Trade
Dispute Settlement

A WTO panel was formed to investigate the complaints by the US and Mexico against China's subsidizing of its industrial exports through tax breaks and other incentives. A Chinese Ministry of Commerce spokesman said the US and Mexico "attempt to mix up the self improvement in China's tax laws and regulations with the fruits of the WTO's dispute settlement mechanism" and vowed that "China will not change its way of self perfecting tax laws and regulations in accordance with the demands of its social and economic development".

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