U.S. Questions Accuracy of Trade Data Reported by China

The U.S. has accused China of hiding some trade-distorting subsidy programs from international scrutiny in a document submitted to the World Trade Organization.

(From Reuters)

China is fighting a major trade dispute at the WTO against U.S. and EU claims that China is not a “market economy” and therefore that its export prices should not be taken at face value when evaluating whether it is trading fairly.