The EU’s proposed anti-dumping regulations do not conform to World Trade Organization (WTO) rules, according to a Chinese Ministry of Commerce official.
China ‘appreciated’ the European Commission’s proposal to abolish its “non-market economy” list but was disappointed it had introduced a “market distortions” clause, which is another way to extend current “analogue country” methodology, Ministry of Commerce spokesman Shen Danyang said at a press conference Thursday.
Shen’s comments came after the European Commission proposed new methodology to determine whether manufacturers from countries including China, are dumping products.
The move comes one month before the expiration of some provisions under Article 15 of the Protocol on China’s accession to the WTO, due on December 11.
The expiration would require WTO members to end the so-called “analogue country” methodology under which price data in a third country is used to calculate the value of products from a non-market economy country.
Shen urged the EU to completely end the “analogue country” methodology and ensure that its new standards are “fair, reasonable and transparent.”