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WTO suspends litigation over China 'market economy' status at Beijing's request

17 June 2019 [14:45] - TODAY.AZ

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The World Trade Organization has suspended litigation in a dispute over China’s status as a market economy at Beijing’s request, the panel of three adjudicators said in a statement published on Monday, reports Trend citing to Reuters

China went to the WTO in December 2016, accusing the European Union and the United States of breaking a promise to take Chinese prices at face value and treat China as a “market economy”. It only pursued the case against the EU, but asked to suspend proceedings on May 7, the panel said.

URL: http://www.today.az/news/regions/183608.html

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