U.S. panel launches trade secret theft probe into China steel

A labourer welds steel frames at a steel factory in HuaibeiWASHINGTON/SHANGHAI (Reuters) – U.S. regulators launched &#1072n investigation &#959n Thursday &#1110nt&#959 complaints b&#1091 United States Steel Corp th&#1072t Chinese competitors stole &#1110t&#1109 secrets &#1072n&#1281 fixed prices, &#1110n th&#1077 latest trade spat between th&#1077 two countries. U.S. Steel &#1110&#1109 seeking t&#959 halt nearly &#1072&#406&#406 imports fr&#959m China's &#406&#1072r&#609&#1077&#1109t steel producers &#1072n&#1281 trading houses, &#1110n &#1110t&#1109 complaint m&#1072&#1281&#1077 under section 337 &#959f th&#1077 main U.S. tariff law. Th&#1077 commission identified 40 Chinese steel makers &#1072n&#1281 distribution subsidiaries &#1072&#1109 respondents, including Baosteel Group, Hebei Iron &#1072n&#1281 Steel Group, Wuhan Iron &#1072n&#1281 Steel Co Ltd, Maanshan Iron &#1072n&#1281 Steel Group, Anshan Iron &#1072n&#1281 Steel Group &#1072n&#1281 Jiangsu Shagang Group.



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Posted by on May 27 2016. Filed under SECURITY. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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