EU says ready to launch trade dispute over China telecoms

BRUSSELS Wed May 15, 2013 6:34am EDT

BRUSSELS May 15 (Reuters) - The European Commission said on Wednesday it was ready to launch an investigation into alleged dumping by and subsidies for Chinese producers of mobile telecommunications equipment, opening a new front in a trade offensive against China.

EU Trade Commissioner Karel De Gucht said in a statement he and fellow commissioners had agreed in principle to open a case, although the Commission would first seek to negotiate an amicable solution with Chinese authorities.

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