The World Trade Organisation yesterday ordered China to dismantle export restrictions on rare minerals vital to the production of smartphones, cameras, steel and hybrid cars in a significant victory for the US, EU, and Japan.
The WTO said Beijing had for years used trade policy to control key markets for strategic commodities and to encourage manufacturers to move their operations to China.
The ruling was welcomed by trade officials in the US, Japan and Europe who had complained the restrictions gave unfair advantage to Chinese companies.
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