U.S. says China market economy status not automatic: WTO official
Reuters - July 14th, 2016
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The U.S. official said the burden was on China to establish that it was a market economy, but so far its market reforms had fallen short of expectations, especially in aluminium and steel where state intervention had led to oversupply and overcapacity, threatening industries around the world.
The WTO official said it was the first time the United States had responded to China on the issue at the WTO.
(Reporting by Tom Miles; editing by Stephanie Nebehay)
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U.S. says China market economy status not automatic: WTO official
- Reuters
- July 14th, 2016
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