WTO Supports China's Request for Arbitration Over Market-Economy Status
Feng Difan
/SOURCE : Yicai
WTO Supports China's Request for Arbitration Over Market-Economy Status

(Yicai Global) April 5 -- Per China's request, the World Trade Organization will set up an expert panel to probe the European Union using the surrogate country approach to calculate anti-dumping measures against Chinese exports. This means the WTO will launch an investigation into whether the EU's prevailing anti-dumping policy violates WTO rules.

At a special meeting of the WTO's Dispute Settlement Body (DSB) on April 3 local time, China again demanded the appointment of an expert panel to examine the EU's surrogate country approach to calculate anti-dumping measures against China. The request was approved by the DSB.

The EU voiced regret at the meeting, and the US and Japan expressed support for the EU, materials obtained by Yicai Global show.

The US said it remains supportive of the EU and other WTO members' use of non-market economy approaches to calculate anti-dumping measures against China.

Pursuant to Article 15 of the Protocol on the Accession of the People's Republic of China, WTO members had to stop using anti-dumping surrogate country approach against China from Dec. 11, 2016, and must determine the margin of dumping based on the prices and costs reported by Chinese enterprises in accordance with WTO rules when launching anti-dumping investigations into Chinese products.

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Keywords: Anti-Dumping , China , EU , Market Economy , WTO