Anyone still think that China actually deserves it’s WTO status.
I wish that article would have mentioned that China National Petroleum government Oil company has also received subsidy in form of ‘one time” loss adjustments for last 5 years to allow them sell gas/diesel below $1.00/gallon to farming/transportation & other industries. This along with currency control shows it doesnt deserve to be on the list.
We should take the Chinese lessons to heart & not let president Obama extend them to Russia – especially since their ‘group spies” were caught in US even as the topic was being talked about by both leaders. Same conditions exist there & WTO should mean that rules dont get bent to provide countries where private & free companies is nothing but joke.
Regards
