China rejects USA trade accusations

China rejects USA trade accusations

China's capacity is expected to grow further over the next five years.

Commerce Ministry spokesman Sun Jiwen told a regular briefing in Beijing that China faced weak foreign demand and "intensifying trade protectionism".

The United States has launched a formal complaint with the WTO (World Trade Organization) over alleged subsidies received by Chinese aluminum producers.

The U.S. Trade Representative's office said the complaint claims that China's actions in the aluminum sector violate WTO rules prohibiting subsidies that cause "serious prejudice" to other members of the trade body.

China has rapidly expanded its aluminum production capacity in recent years and now produces more than half the world's aluminum.

Lawmakers on Capitol Hill applauded the Obama administration's decision and urged President-elect Donald TrumpDonald TrumpEarnest: I've never wanted to eject reporters Kasich warns of possible global conflict New York Dems urge Lynch to prosecute in Eric Garner case MORE to further pursue the matter.

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At the same time, USA primary aluminum production decreased by 37 percent, even though overall US consumption of the metal increased. The U.S. aluminum market directly creates more than 10,600 American jobs, indirectly supports tens of thousands more jobs, and contributes more than $6 billion in U.S. economic output each year. He said the American aluminum industry is facing a "fundamental crisis". "We look forward to continuing this work in the coming months and years". This has driven price declines that have reduced the number of operating USA aluminum smelters to five from 14 since 2008, causing the loss of 15,000 US aluminum production jobs, the senators said in October. LLC; Kaiser Aluminum; Astro Shapes, Inc.; Aerolite Extrusion Co.; and General Extrusions Inc.

Heidi Brock, president of the Aluminum Association, said in a statement that her group is still reviewing the WTO complaint and now neither supports nor opposes the filing of the case.

"We have upgraded our toolkit and resources to address unfair imports that violate our trade laws, built an worldwide coalition to address global overcapacity that hurts American workers, and worked vigorously to level the playing field by ensuring that our trading partners protect workers' rights and the environment", Adeyemo said.

The pending complaint follows an October request for a WTO case against China's aluminum trade practices by six USA senators concerned about 15,000 lost jobs in the sector in recent years. He said his committee initiated a study last spring by the International Trade Commission on unfair trade practices affecting the US aluminum industry, which could be released at the end of July. The association has sent its trade action plan, which calls for addressing Chinese subsidies and other actions, to the incoming Trump administration.

The latest challenge is the 16th trade enforcement challenge the Obama administration has launched at the WTO against China, and the 25th overall during the two terms of President Obama.

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