NCTO Calls for Administration To Keep Considering China 'Non-Market' Economy
The Obama administration should continue to consider China a non-market economy for antidumping purposes beyond Dec. 11, the 15th anniversary of its accession to the World Trade Organization and the date that Beijing claims it should no longer be subject…
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to such a status, the National Council of Textile Organizations said (here). “China’s chronic misallocation of investment to expand its state-owned enterprises in the textile supply chain and in other industrial sectors where there is an excess of global capacity invariably leads to Chinese dumping and other non-free-market economic practices,” NCTO CEO Augustine Tantillo said in a statement. The Commerce Department didn't comment.