China protests latest U.S. trade case at WTO

(Reuters Beijing, 21 December 08) - China said on Sunday it had consistently respected the rules of the World Trade Organization and would work with the WTO on a suit lodged against it by the United States aimed at halting export subsidy programs. The subsidies include cash grant rewards for exporting, preferential loans for exporters and payments to lower the cost of export credit insurance, the USTR said.