[ Crista Huff| December 13, 2016 |Goodfellow]
Promptly upon the December 11, 2016 expiration of certain World Trade Organization (WTO) Accession Protocols, China requested that the U.S. participate in WTO consultations. China is protesting being labeled a “non-market economy” (NME) by the U.S. The U.S. Commerce Department countered that expiration of the Accession Protocol does not automatically grant China market-economy status. If the consultations do not yield satisfactory results within 60 days, China can then formally proceed with a WTO dispute resolution process.
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