News

China lodges complaint with WTO over Australia's trade measures against some Chinese products – Reuters

Amid escalating Sino-Australian trade row, China lodges complaints with the World Trade Organization (WTO) over Australia’s anti-dumping, anti-subsidy measures against Beijing’s exports of railway wheels, wind towers and stainless-steel sinks.

China’s Commerce Ministry’s spokesman Gao Feng said that they hope Australia adopts concrete measures to make bilateral trade back to a normal track.

Market reaction

AUD/USD is little changed by the above headlines, keeping its range around 0.7575 so far this Thursday. The spot trades modestly flat on the day.

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