CHINA WTO MARKET ECONOMY STATUS MUST BE BLOCKED: AEGIS EUROPE

The European Union (EU) needs as free hand as possible to prevent the Chinese steel industry seizing more market share with the support of the Beijing government, according to leaders of AEGIS Europe, an alliance of 30 manufacturing associations. In its strongest warning yet about Chinese dumping, overcapacity and illegal subsidies, AEGIS spokesman Milan Nitzschke told a Brussels press conference yesterday (July 11): “China is not a market economy and therefore cannot be granted Market Economy Status (MES) by the European Union” (EU) in its anti-dumping ...


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