Reuters: US Dollar Report: China not appealing against WTO ruling in bank card case

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China not appealing against WTO ruling in bank card case Aug 31st 2012, 10:52 GENEVA | Fri Aug 31, 2012 6:52am EDT GENEVA Aug 31 (Reuters) - China will not appeal against a World Trade Organization ruling that found it had discriminated against U.S. bank card suppliers such as Mastercard Inc and Visa Inc in favour of a state-owned enterprise, a trade official said on Friday. China needed to declare its intention to appeal before a meeting of the WTO's Dispute Settlement Body on Friday formally adopted a ruling published last month, which handed the United States an election-year trade policy victory against China.

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