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China airs 'strong dissatisfaction' over US statement to WTO: Xinhua

China has already appealed to the WTO over a similar case

Reuters  |  Shanghai 

China's Ministry of Commerce (MOFCOM) has expressed "strong dissatisfaction and firm opposition" to a statement by the United States to the World Trade Organization (WTO) that it opposes granting China market economy status, Xinhua reported. China has already appealed to the WTO over a similar case, state news agency Xinhua reported the ministry as saying on Saturday. The U.S. and the European Union argue that Beijing's pervasive role in the Chinese economy distorts and prevents market determination of domestic prices. The strong response from MOFCOM is the ...

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First Published: Sat, December 02 2017. 18:31 IST
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