GRANTING CHINA THE MARKET ECONOMY STATUS AND ITS IMPACT ON THE EU MEMBER STATES

Sarmiza Pencea and Cristina Bâlgăr

Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), 2016, vol. 13

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.

Keywords: China; EU; market economy status (MES); WTO; antidumping investigations; trade (search for similar items in EconPapers)
JEL-codes: B22 D23 D4 E5 F4 K33 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:iem:imptrs:v:13:y:2016:id:2822000009632011

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