Home /THE CONSEQUENCES OF GRANTING MARKET ECONOMY STATUS (MES) TO CHINA: THE LAST THING THE EU NEEDS
THE CONSEQUENCES OF GRANTING MARKET ECONOMY STATUS (MES) TO CHINA: THE LAST THING THE EU NEEDS
Submitted by christian on Sat, 08/13/2016 - 14:20
Chinese enterprises dump more products into Europe’s open market than any other country in the world. Indeed, over 60% of all the EU's anti-dumping measures are against China.
The enormous EU-China trade deficit grows every year. China has been able to dramatically increase exports to Europe by an average of over 11% per year over the past fifteen years, rising from €75 billion in value in 2000 to €360 billion in 2015. Europe’s trade relationship with China is not balanced and is made worse by dumping.
