Economics
China Loses Market-Economy Trade Case in Win for EU and U.S., Sources Say
- WTO decision says China didn’t gain market-economy status
- The verdict may help countries counter low-cost Chinese goods
Crew members wave from the NYK Demeter container ship outside the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, March 28, 2018.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
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The World Trade Organization decided that China didn’t automatically qualify for market-economy status in 2016 as Beijing has asserted, according to two people with knowledge of the case, handing a major victory to the European Union and U.S.