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China’s Latest Anti-Trust Probes Revive Protectionism Concerns

Posted August 07, 2014

Under Economic Issues, International Trade Issues

(Matthew Miller – Reuters)

China’s recent probes into Microsoft Corp and car companies including Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies.

On Wednesday, the State Administration for Industry and Commerce (SAIC) conducted its second round of raids against Microsoft, including for the first time its financial services provider Accenture Plc. Read more here.