China Readies Itself for Global Trade War with U.S. and WTO

You see, when Beijing negotiated the terms that allowed China to accede to the WTO in 2001, the United States agreed to treat China as a “non-market economy” (NME) in antidumping cases.

At least for the next 15 years, after which China would then get a WTO status upgrade to “market economy.” Continue reading