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Economy

EU going against WTO rules, says MOFCOM

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2017-12-21 09:07Global Times Editor: Li Yan ECNS App Download

China's Ministry of Commerce (MOFCOM) on Wednesday protested against new anti-dumping rules introduced by the EU, and urged the EU to abide by WTO rules.

The EU has removed a "non-market economy" list from its anti-dumping laws but instead brought in a new concept called "significant market distortion," which would allow the EU to continue to use prices in third countries to judge anti-dumping cases, an unnamed spokesperson for MOFCOM said in a statement posted on the ministry's website on Wednesday.

"The Chinese side believes that such a measure from the EU is against WTO rules," the spokesperson said, pointing out that "there is no such concept of 'significant market distortion' under WTO rules."

The spokesperson also urged the EU to follow WTO and international rules and preserve multilateral trade mechanisms.

The EU announced the rule changes on Tuesday.

  

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