Friday, December 9, 2016

WTO Continue to use a 'Non-Market' Economy Clause With China

China warns WTO members not to use non-market economy clause after December 11

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BEIJING (Reuters) - China's Commerce Ministry said on Friday it would take "necessary measures" if World Trade Organization members continue to use a non-market economy clause in its to WTO deal to assess dumping duties against it after Dec. 11.
Ministry spokesman Shen Danyang made the comment at a regular briefing.
When China joined the WTO in 2001, it agreed to let other members treat it as a non-market economy for 15 years, giving trade partners an advantage when assessing whether it was selling goods too cheaply into foreign markets.

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