China's Market Economy Status and Antidumping: A $100 Billion, $10 Billion, or $1 Billion Dispute? Part 1

Despite its success as an export powerhouse, China has long protested that it has been relegated to the status of a “non-market economy” (NME) by the United States and the European Union (EU). In particular, China has chafed over the fact that under the rules of the World Trade Organization (WTO) it can be treated as an NME when trading partners determine that China is “dumping” exports into their markets. As a consequence, Europe and the United States have often imposed what Beijing argues are

Source: Peterson Institute (PIIE)