Thursday, February 5, 2009

China considers WTO appeal over toy ban


China considers WTO appeal over toy ban
05-02-2009

China may ask the World Trade Organisation to investigate a six-month import ban slapped on its toys by India. The China Daily quoted an unnamed mainland source as saying that Beijing will probably ask the global trade regulator to look into whether the move has violated its rules. Worries about protectionism are rising as the impact of the financial crisis spreads, increasing the temptation for governments to bring in measures that will help their firms in the short-term. India last month banned imports of several types of toys for what it called "public interest" reasons.

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