China launches WTO dispute resolution case against US, EU


China said on Monday it had launched a dispute resolution case at the World Trade Organisation over the surrogate country approach used by the United States and European Union to calculate anti-dumping measures against Chinese exports. When China joined the WTO in 2001, it agreed to let WTO members treat it as a non-market economy when assessing dumping duties for 15 years.

That gave trade partners the advantage of using a third country's prices to gauge whether China was selling its goods below market value. But that clause.

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