US wins WTO ruling on Chinese grains; decision may also affect India1 min read 01 Mar 2019, 10:53 AM IST
The WTO agreed with the US complaint that China had paid farmers too much for wheat, Indica rice and Japonica rice in 2012-2015
China's move provided an artificial incentive for farmers to produce more, lowering prices worldwide
Geneva/Beijing: The United States won a World Trade Organization (WTO) ruling on China's price support for grains, successfully challenging a calculation methodology that is also used by India.
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