Thursday 12 May 2016

EU warns against market economy status for China


TRADE WARS
EU warns against market economy status for China Strasbourg, France (AFP) May 10, 2016 - The EU on Wednesday said granting market economy status for China at the World Trade Organization was "untenable" due to the loss of jobs it would cost Europe in key industries such as steel. The European Commission, the EU's executive arm, has given itself until this summer to decide on whether to grant China the designation that would make it much harder for major economies to fight Beijin ... more

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