Commerce Department: China Not a Market Economy

The Chinese government’s foreign investment regime is restrictive, the report concluded, the Chinese government exerts significant ownership and control over industry through state-invested enterprises, and other means, and state planning remains important in the Chinese government’s industrial policies.

The Chinese government pushed back on these assertions in a speech made by a Ministry of Commerce spokesperson and reported on the Ministry of Foreign Affairs website. The spokesperson particularly addressed the Commerce Department’s imposition of antidumping duties on Chinese aluminum foil and its use of the “alternative country” approach to calculate prices and costs.

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