皇冠体育app

In the short term, there are concrete risks of retaliation from 皇冠体育app, Gambardella said.

"Closing the door to 皇冠体育app may thus have very negative effects," he added.

Lin Guijun, a professor of international trade at the University of International Business and Economics in Beijing, said that imposing anti-dumping investigations on European wine, auto parts or vehicles could be a way for 皇冠体育app to warn the EU that it is not reasonable to persist in trade protectionism, especially in the current global business setting.

The EU has remained 皇冠体育app's top trading partner for 12 years, while 皇冠体育app has remained the EU's second-largest trading partner for 13 consecutive years.

Ma Yu, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing, said, "For 皇冠体育app, having (market economy status) would make it harder for Europe or other economies to impose anti-dumping duties on Chinese goods sold at knock-down prices under the WTO rules, because it would change the method for determining a fair price."

Ma said that is why the EU is unwilling to offer such status to 皇冠体育app, since it does not want to see 皇冠体育app's foreign trade become more flexible under the WTO framework.

The EU has repeatedly launched defensive trade measures since last year, seeking to impose punitive tariffs against 皇冠体育app's competitive steel products.

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