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Frequent use of protectionist measures does no good: China

Xinhua, July 14, 2016 Adjust font size:

The Ministry of Commerce said on Thursday that the frequent use of protectionist measures does not help end global steel overcapacity, but rather disrupts normal trade order.

The comments came after Vietnam announced an anti-dumping investigation into color-coated sheet steel imported from China.

It is the anemic global economy and weak demand that should be blamed for the difficulties faced by the world's steel industry, the ministry said on its website.

The ministry urged Vietnam to use trade remedy measures in a prudent and normative manner, conduct investigations in line with WTO rules, and ensure Chinese companies' right of plea. Endi