China's Ministry of Commerce on Thursday described the European Union's (EU's) decision to end a case against China at the World Trade Organization (WTO) as "a right choice."
The ministry said China believed that the EU's initiation of the case lacked evidence, therefore the EU's decision to drop the case is the right move.
China has always strictly abided by WTO rules and will continue to uphold the rules-based multilateral trading system through concrete actions, the ministry said.
China welcomes EU's move to end WTO case against China
The U.S. dollar weakened in late trading on Friday.
The dollar index, which measures the greenback against six major peers, dropped 0.34 percent to 98.982 at 15:00 (2000 GMT).
In late New York trading, the euro rose to 1.1606 dollars from 1.1583 dollars in the previous session, and the British pound added to 1.34 dollars from 1.3328 U.S. dollars in the previous session.
The U.S. dollar bought 157.74 Japanese yen, lower than 157.77 Japanese yen in the previous session. The U.S. dollar decreased to 0.777 Swiss francs from 0.7827 Swiss francs, and it declined to 1.3596 Canadian dollars from 1.3697 Canadian dollars. The U.S. dollar dropped to 9.1855 Swedish Kronor from 9.2657 Swedish Kronor.
U.S. dollar ticks down
