Monday, April 26, 2010

Breaking News-RTRS-UPDATE 1-China threatens retaliation in Argentina trade spat

BEIJING/BUENOS AIRES, April 22 (Reuters) - A top Chinese trade official said Beijing has no choice but to consider retaliating against Argentina over protectionist moves, deepening a row affecting soyoil shipments, the official Xinhua news agency reported on Thursday.
China has imposed a tough new quality standard on imports of soyoil from Argentina, the world's No. 1 supplier, but Chinese officials have denied it is linked to Argentine anti-dumping measures on China's manufactured goods.