China Trade Promotion Body Prepares Legal Response to US Section 301 Probe on Chinese Shipbuilders

Sunday, 21 April 2024, 12:08
Amidst US accusations of 'unreasonableness', China's CCPIT responds with legal action against Section 301 probe. The investigation into Chinese shipbuilders raises concerns of discriminatory practices and US-China trade tensions. CCPIT cites lack of competitiveness as the root cause for the downturn in the US shipping industry, fueling the dispute.
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China Trade Promotion Body Prepares Legal Response to US Section 301 Probe on Chinese Shipbuilders

China Trade Body to Take Legal Action

China's trade promotion body CCPIT vows legal action over US Section 301 probe into Chinese shipbuilders and maritime firms. The move is seen as a response to discriminatory accusations and concerns about competitiveness in the industry. The probe has accelerated trade tensions between the US and China.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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