A fight worth having with China

11 June 2016 / In the Post's View, the Washington Post argues the United States not to yield to China's demand to be recognised as a market economy, not least because it is not one. China has built up massive excess industrial capacity by subsidising certain industries. The Editorial Board at WP strongly advises the US not to grant China MES "unless and until China shows irreversible progress on economic reform, including, specifically, its subsidised excess industrial capacity." Read the full article here.