China Responds to US, EU on News Dispute

From AP:

China said Tuesday it will follow WTO rules in settling disputes with the United States and Europe over restraints on access to its booming market for financial information services, but it had no comment on the content of the complaints.

Beijing “respects the choices” of other World Trade Organization members, the Commerce Ministry said in a brief statement. It was China’s first comment on the WTO cases filed Monday in Geneva.

The new disputes add to tensions with Beijing over its swelling trade surplus with the United States and Europe.

Read also China to follow WTO rules to settle financial information dispute by Xinhua.

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