China halts World Trade Organisation fight over market economy status

//China halts World Trade Organisation fight over market economy status

China halts World Trade Organisation fight over market economy status

China has halted a dispute at the World Trade Organisation over its claim to be a market economy, a panel of three WTO adjudicators said on Monday, meaning Beijing must accept continued EU and US “anti-dumping” levies on cheap Chinese goods.One trade official close to the case said so much of the ruling had gone against Beijing that it had opted to pull the plug before the result became official.“They lost so much that they didn’t even want the world to see the panel’s reasoning,” the official…

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By | 2019-06-17T12:35:26+00:00 June 17th, 2019|Headlines|Comments Off on China halts World Trade Organisation fight over market economy status