Anshul Pachouri (for Info only, not official)

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Anshul Pachouri

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    ...The accession was aggressively pursued by China against the backdrop of the introduction of market reforms in 1978, opening up of the Shanghai Stock Exchange in 1990 and the government’s agenda to drive global manufacturing expansion. The entry into the WTO certainly seems to have helped China in pursuing its ambitions: its share in global manufacturing increased from 2% in 1991 to 7.5% in 2001 to more than 23% in 2013. However, the accession came with a clause that China could be treated as a non-market economy in anti-dumping investigations if Chinese firms failed to establish that they operated under market economy conditions for a period of 15 years ending 11 December 2016 (Section 15(a) of China’s accession agreement). ...

    Live Mint on Sept. 12, 2017, 11:46 p.m.