China said it won't use the WTO to resolve disputes with Taiwan, two days after China said it was investigating whether Taiwan and four other steel exporters sold steel in China below cost.
Other countries targeted in the Chinese anti-dumping probe launched Saturday are South Korea, Russia, Ukraine and Kazakhstan.
The investigation of Taiwan steelmakers is "China's internal affair," said Li Weiyi (
Taiwan rejected China's claim. "We take an equal position as the People's Republic of China," said Chen Ming-tong (
The investigation may take up to 18 months and could result in additional tariffs on steel imports from those countries.
Vice Minister of Economic Affairs Steve Chen (