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11 August 2010
U.S. Congress asks for action on Chinese paper producers
WASHINGTON—Appleton Coated LLC, NewPage Corporation and Sappi Fine Paper North America have expressed support in reaction to more than 100 members of Congress who wrote to President Obama asking for action on Chinese subsidies to the country's paper producers.
The letter points to a study recently released by the Economic Policy Institute which highlights the continuing efforts of the Chinese government to promote the development of its paper producers at any cost. It identified roughly $33 billion in subsidies provided to China’s paper producers in a variety of forms that have stimulated enormous capacity increases and jeopardized production and jobs in the United States.
The letter points to a study recently released by the Economic Policy Institute which highlights the continuing efforts of the Chinese government to promote the development of its paper producers at any cost. It identified roughly $33 billion in subsidies provided to China’s paper producers in a variety of forms that have stimulated enormous capacity increases and jeopardized production and jobs in the United States.
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