New Study Said to Detail Chinese Subsidies to Paper Sector

MIAMISBURG, OH—June 30, 2010—Appleton Coated LLC, NewPage Corp. and Sappi Fine Paper North America have commended the Economic Policy Institute for its study, "No Paper Tiger, Subsidies to China's Paper Industry From 2002-09," authored by Professor Dr. Usha C.V. Haley.

The Economic Policy Institute's (EPI) report highlights the continuing efforts of the Chinese government to promote the development of its paper producers at almost any expense. The academic study reportedly identified roughly $33 billion in subsidies provided to China's paper producers in a variety of forms that have stimulated enormous capacity increases and jeopardized production and jobs in the U.S.