{"id":2164,"date":"2016-06-01T07:41:38","date_gmt":"2016-06-01T06:41:38","guid":{"rendered":"http:\/\/blogg.lnu.se\/china-research\/?p=2164"},"modified":"2016-06-01T07:41:38","modified_gmt":"2016-06-01T06:41:38","slug":"re-visited-2-chinas-status-as-a-market-economy","status":"publish","type":"post","link":"https:\/\/blogg.lnu.se\/china-research\/?p=2164","title":{"rendered":"Re-visited (2): China\u2019s status as a market economy"},"content":{"rendered":"

The topic of China\u2019s future status as a market economy (or not) is getting hot in Brussels and some EU-member countries \u2013 but not really in Sweden. Recently, the European Parliament put a lot of pressure on the European Commission, expressed in a resolution that the EU should not grant China the attractive status as a market economy any time soon (see also blog contributions by Langhammer, March 2, and Fromlet, April 26, in www.chinaresearch.se).<\/p>\n

Fifteen years after WTO entry in 2001, Chinese officials think that being accepted as a market economy should happen more or less automatically \u2013 a position that the European Parliament does not want to share. This rejection has, however, to a high extent political angles. This includes the possibilities of trade impediments and sanctions against China when rules for cross-border trade obviously have been violated, particularly when it comes to price dumping. There are certainly also labor market considerations.<\/p>\n

As I have argued before, the market-economy decision should exclusively be based on the answer to the question if China really meets the economic and institutional criteria of a market economy (or not). The whole issue should not be more complicated than this.<\/p>\n

In other words: Does China stick to the rules of a market economy – or not?<\/p>\n

 
\n\"\"<\/p>\n

Hubert Fromlet<\/em><\/strong>
\n<\/em>Senior Professor of International Economics, Linnaeus University
\nEditorial board<\/a><\/p>\n

 <\/p>\n

Back to Start Page<\/a>
\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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