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China isn’t a market economy, European officials say

By Poppy Bullock ( June 23, 2015, 16:53 GMT | Insight) -- China is “obviously not a market economy” when it comes to calculating antidumping duties, EU trade chief Cecilia Malmström said today, adding to a chorus of voices rejecting an automatic change in the country’s status among trading nations. Carlo Calenda, Italy’s vice minister for economy, and Bernd Lange, a leader in the European Parliament, said granting market economy status to China would contradict EU trade rules.China is “obviously not a market economy” when it comes to calculating antidumping duties, EU trade chief Cecilia Malmström said today, adding to a chorus of voices rejecting an automatic change in the country’s status among trading nations....

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