Global economy faces two challenges

The world economy’s performance in 2017 was significantly better than the previous year. According to the World Bank forecast, global economic growth is likely to reach 3.6 percent in 2017, as the economies of the European Union, the United States and Japan all showed clear signs of improvement in the third quarter with a growth rate… Please follow and like us:

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US, EU should fulfill WTO vow to fruits of partnership

The European Union should have recognized China as a market economy one year ago because, as one of the members of the World Trade Organization, it had agreed to a “sunset clause” in 2001, when China joined the WTO, that it would stop using the “surrogate country” approach when calculating anti-dumping measures against Chinese imports by… Please follow and like us:

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Why the US rejection of China’s market economy status is wrong

BEIJING — The United States is throwing cold water on the growing geniality of trade relations between itself and China with its rebuke of the latter’s bid for recognition as a market economy in the World Trade Organization (WTO). The US government recently formally opposed to China’s bid, citing decades of legal precedent and what it… Please follow and like us:

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