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About MES (Market Economy Status) China became WTO member in 2001.In the WTO Accession Protocol, a transitional period (up to 11 December 2016) was agreed upon in respect to several topics, one of those being the potential granting of “Market Economy Status” (MES) WTO and MES are, de facto and de jure, two independent concepts:
Article 15(a) of the Accession Protocol provides specific measures for comparing prices in anti-dumping actions. If Chinese producers can show that ME conditions prevail in their industry in China, then importing WTO members must use Chinese costs and prices to determine the normal value. If Chinese producers cannot show that ME conditions prevail in their industry, then importing Members can use methodologies not based on a strict comparison with Chinese prices and costs. In December 2016, this second provision (ii) expires. Analysis:
By: Vishal ProfileResourcesReport error
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