WTO To Investigate China’s Export Laws

Bloomberg reported World Trade Organization judges will probe China’s export quotas and tariffs on rare earths, tungsten and molybdenum.

As quoted in the market news:

Rare earths became a political issue after China cut domestic output and reduced export quotas in July 2010 by 40 percent, souring ties with major users including the U.S. and Japan, where buyers reduced usage after prices rose in the first half of 2011.

Click here to read the full Bloomberg report.