China calls U.S. NME decision a ‘gross distortion of reality’

The Commerce Department’s decision to maintain China’s status as a non-market economy for the purposes of antidumping investigations is misguided and runs counter to China’s World Trade Organization Accession Protocol, a Chinese Ministry of Commerce spokesman said this week. According to a Nov. 2 post on the MOFCOM website , “the spokesman pointed out that since the reform and opening up, China has established and gradually improved its socialist market economy system, which has been widely recognized by the international...