On China’s market economy status
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Recently, the United States and Japan have both stated that they will not grant China market economy status. The Wall Street Journal reports that the U.S. will not change China’s status as a non-market economy; the agreement regarding China’s accession to the WTO does not require the U.S. or any other WTO member state to automatically grant China market economy status after December 11, 2016. The US, Japan, and Europe have ignored the legal provisions established 15 years ago: China would automatically obtain market economy status 15 years after joining the WTO. To ignore international treaties in such a manner is similar to the United States’ rejection of the Forest Agreement back then – what do you all think?
Whether it’s external or internal factors, is there always something in the other party’s hands that can be used against them? Market economy? Did you enjoy low oil prices? Have the tariffs on imported cars been reduced? With state-owned enterprise monopolies, have you enjoyed high-quality services?
This president, who comes from a business background, wants to wage a trade war with China to see who will come out on top in the end. Most Americans also enjoy high-quality Chinese products at low prices! They want to regain their jobs, but most of these jobs are ones they are unwilling to do ； So in the end, a trade war will not benefit either country; instead, it will benefit developing third-world countries such as India and Vietnam.