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Granting China market status to the EU is a politico-legal decision, not an economic one. (Photo: Got Credit)

Time is right for EU to grant China market status

The dispute over China's “market economy status” (MES) divides Europe by countries and industries.

It stems from China’s 2001 agreement to join the World Trade Organisation (WTO), which Beijing believes required countries to grant MES to China within 15 years – by December this year.

Reportedly, EU lawyers reached similar conclusions over year ago. While the opinion did not necessarily suggest what the European Commission itself would decide, it did provide legal guidance to trad...

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Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver
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