EU should not grant China MES until it becomes a market economy

PROMOTED CONTENT

As EU leaders are well aware and have repeatedly acknowledged, China is by no means a market economy.

The Chinese government systematically subsidises strategic sectors like steel but also aluminium, solar panels and bicycles. State-supported aluminium smelters enable Chinese producers to sell at artificially low prices, to the detriment of EU companies that compete fairly and follow EU rules.

The EU must therefore refrain from granting China Market Economy Status until it truly becomes a market economy.