USEUROPEAFRICAASIA 中文双语Français
Home / Comment

Scapegoating China means retreat from WTO promise

China Daily | Updated: 2016-12-12 07:37

A concerted effort is being made by some Western powers and Japan, their local ally in Asia, to continue using the "proxy method" for measuring the price of imports from China.

To China's dismay, these countries have determined to keep using the method despite a pledge made by the members of the World Trade Organization upon China's accession to the world's free trade regime in 2001 that they would drop the method after 15 years.

Their decision is based, they claim, on the consideration that China remains a non-market economy. But it ignores the contractual period that they themselves agreed upon, while their decision that China is not a market economy is one made by their governments, and hence political.

Scapegoating China means retreat from WTO promise

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US