AU Optronics Corp., Taiwan’s second- largest maker of liquid-crystal displays, may post a fourth consecutive loss, of NT$5.55 billion ($184 million), according to the average of 18 analyst estimates compiled by Bloomberg.
Brazil’s growing reliance on imported Chinese manufactured goods is threatening producers in Latin America’s biggest economy, said James Bacchus , a former U.S. congressman and World Trade Organization official.
Paul Tudor Jones , founder of $11.5 billion hedge-fund firm Tudor Investment Corp., said a revaluation of China’s yuan would do more to cut U.S. unemployment than asset purchases by the Federal Reserve.
Complaints against China by the U.S., European Union and Mexico were bolstered by a World Trade Organization finding that the nation’s limits on raw-materials exports broke global rules and gave domestic companies an edge.
China may be vulnerable in seeking to defend its restraints on the export of rare earths or other commodities because of conditions it accepted when joining the World Trade Organization in 2001, a former WTO judge said.
Chinese restrictions on exports of nine raw materials violate global rules and give the country’s manufacturers an unfair edge, a World Trade Organization panel said, backing a complaint by the U.S., the European Union and Mexico.