The Question of China’s Market Economy Status
What will be the Implications of Granting China Market Economy Status?
China joined the World Trade Organization (WTO) in 2001, and with that began its 15-year interim period. China has promised to carry out Economic reforms during this period with the aim to become a Market Economy. In December 2016, the European Union will make a decision on whether China should join the “exclusive club” of countries with market economy status.