August 10, 2016 | BY: SARANTIS MICHALOPOULOS
If the European Commission grants China Market Economy Status (MES) the consequences for the EU aluminium sector will be enormous, an industry group has said.
The EU executive said last month that it would focus on new measures to tackle Chinese dumping and illegal subsidies, but won’t decide whether China’s economy is market-driven.
MES is controversial because, if granted, trade partners will have to treat Communist-ruled China as a free market equal when it comes to settling disputes.
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