When China became a member of the World Trade Organization in late 2001, the expectation was that by 2016 its economy would be based on market principles. This turned out to be an illusion; hardly anyone doubts that China is still operating as a fundamentally state-driven economy.
But the wording of China’s WTO accession protocol is now putting the debate over China’s market economy status (MES) at the top of the EU’s agenda.
Beijing argues that the expiry of a key provision of Ar...
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Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.