China tones down its trade retaliatory stance
Chinese President Hu Jintao.
September 14, Beijing (CSM) - Beijing has reacted sharply to President Obama's decision Friday to slap stiff import tariffs on cheap Chinese tires. Chinese officials have cried foul, railed against Washington's protectionism, and announced they will investigate allegations of US dumping in China at below-market prices. But Beijing's bark may turn out to be worse than its bite. . . continue reading.
