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China warns WTO members not to use non-market economy clause after December 11
December 9, 2016 / 3:16 AM / 9 months ago

China warns WTO members not to use non-market economy clause after December 11

A World Trade Organization (WTO) logo is pictured on their headquarters in Geneva, Switzerland, June 3, 2016. REUTERS/Denis Balibouse

BEIJING (Reuters) - China’s Commerce Ministry said on Friday it would take “necessary measures” if World Trade Organization members continue to use a non-market economy clause in its to WTO deal to assess dumping duties against it after Dec. 11.

Ministry spokesman Shen Danyang made the comment at a regular briefing.

When China joined the WTO in 2001, it agreed to let other members treat it as a non-market economy for 15 years, giving trade partners an advantage when assessing whether it was selling goods too cheaply into foreign markets.

Reporting by Zhang Shu and Michael Martina; Editing by Eric Meijer

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