U.S. and Europe Protest a Chinese News Regulation

US AND EUROPE PROTEST A CHINESE NEWS REGULATION
[SOURCE: New York Times, AUTHOR: Steven Weisman]
In a new escalation of trade disputes with China, the Bush administration joined with the European Union on Monday in filing a suit at the World Trade Organization to protest China’s requirement that foreign financial news services operate through a government-designated distributor. The action, which would affect Dow Jones, Reuters, Bloomberg and other foreign suppliers of stock prices and other financial information, followed months of negotiations by the United States to get China to lift its requirement that these suppliers distribute their data and news reports through Xinhua, the Chinese government news agency.
http://www.nytimes.com/2008/03/04/business/worldbusiness/04trade.html?re...
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