Baosteel: China-US trade war makes limited direct impact on overall business operation
2019-08-27 17:57:52 [Print]
Wu Kunzong, the CFO of Baosteel, claimed on August 23 that as the US has taken measures such as anti-dumping and countervailing on most Chinese steel products and imposed tariffs under 232 Article on steel and aluminum products last year, Baosteel's export volume to the US has been very small in quantity
. Thus, China-US trade war will make limited direct impact on the overall business operation of Baosteel.