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China hopes the European Union can revoke the decision and ruling that violate the World Trade Organization (WTO) rules and hurt bilateral trade, the Ministry of Commerce (MOC) said in a statement on its website Monday. The statement came after the WTO established an expert panel on Oct. 23 to investigate whether the EU’s anti-dumping measures on Chinese-made fasteners violate trade rules. The expert panel, once set up, needs at least half a year to issue a final ruling on the dispute.