Friday, December 2, 2016

China raises fees on shipments from Mongolia after Dalai Lama visit

A town in China facing the Mongolia border is at the center of a trade feud a week after the Dalai Lama visited Ulaanbaatar despite admonitions from Beijing.


Rio Tinto, a British-Australian multinational corporation, is canceling shipments from a mine in Mongolia after the Chinese border town raised transportation fees, the Financial Times reported Friday.

China had protested the Dalai Lama visit a week earlier, which went ahead as planned and culminated in a five-day trip that had religious significance for the Mongolian government, according to The Diplomat.

The new fees were introduced Thursday and apply to shipments of copper and coal at several checkpoints in the Chinese territory of Inner Mongolia.
 [upi.com]
2/12/16
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