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Showing posts with label Chinese imports. Show all posts
Showing posts with label Chinese imports. Show all posts

7/20/2011

Fears of slow global growth foster protectionism - report

TOM MILES - The Globe and Mail

Protectionism is on the rise as more countries try to give their economies a leg-up by blocking foreign competition – especially Chinese imports, according to a report by independent economists to be published on Wednesday.

The report, by Global Trade Alert (GTA), found almost 200 protectionist steps taken since the G20 summit in Seoul last November. Four out of five of those steps were taken by G20 countries, and almost half – 91 out of 194 – would harm Chinese interests.