Chinas export restrictions on rare earths breach WTO rules: Dispute Settlement Body
The move forces China to implement the ruling within a reasonable period of time and remove export restrictions on rare earth metals The Dollar Business Bureau | @TheDollarBiz The World Trade Organisations (WTO) Dispute Settlement Body (DSB), which oversees disputes among WTO members, has adopted the Appellate Body report that says that Chinas export restrictions on rare earths, tungsten and molybdenum breach WTO rules and are not justified under Article XX of the GATT 1994. China is the worlds largest producer of rare earths, tungsten and molybdenum, which are key raw materials used to make electronic goods, computers and several other high technology goods such as weapons, turbines, mobile phones, lenses and TVs. Chinas share of worlds rare earth production stands at a ...
