Edition: English | 中文简体 | 中文繁体 Монгол
Homepage > Biz Video

China to achieve 'market economy' status this year


12-09-2016 19:33 BJT

When China joined the WTO in 2001, China accepted a condition that it would be regarded as a non-market economy for 15 years. The non-market economy status hurts China's position during anti-dumping investigations.

China's status as a non-market economy gives other WTO members the right to refer to export prices in third-party countries to determine if Chinese exports are priced unreasonably low. The "analogue country" method results in higher anti-dumping margins and can function as a trade barrier, giving local industries an unfair competitive advantage.

Follow us on

  • Please scan the QR Code to follow us on Instagram

  • Please scan the QR Code to follow us on Wechat