US seeks to deny China market economy status in WTO – FT
|In the 40-page filing seen by the Financial Times, “the US rejects Beijing’s argument that under the 2001 conditions of China’s accession to the WTO it would automatically be considered a market economy 15 years after joining when it faced anti-dumping cases from fellow members.”
Key Points:
‘The US move to oppose China’s longstanding efforts to be recognized as a market economy in the WTO came in a legal submission filed last week and due to be released publicly on Thursday in a case brought by Beijing against the EU.
The US officials argue, “if China wants to be treated like a market economy in the WTO it should behave like a market economy.”
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