Title: GRANTING CHINA THE MARKET ECONOMY STATUS AND ITS IMPACT ON THE EU MEMBER STATES
Abstract: The existence of a transitory provision in China’s Protocol of Accession to the World Trade Organization (WTO) permitted the country’s status of non-market economy to be maintained for aperiod of 15 years, which materialized in the possibility to treat imports from China differently in order to protect the European Union (EU) market against dumping prices. As this clause is going to expire at the beginning of December 2016, the EU will have to adopt a position regarding the official recognition of China as a market economy, thus assuming also the possible economic implications brought about by this kind of decision. In this context, the present paper aims to assess the effects of this option on the EU economy, as well as to briefly overview the measures taken in order to safeguard fair competition and avoid future market distortions.
Publication Year: 2016
Publication Date: 2016-01-01
Language: en
Type: article
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