February 14, 2025
USTR: China has evolved into a predatory non-market economy
China’s economy has evolved from a centrally planned “socialist market economy” to one that is predatory, a model crafted to displace foreign competitors and dominate production markets -- and one that requires evolving U.S. trade tools in response, the Office of the U.S. Trade Representative says in its latest annual report to Congress on China’s World Trade Organization compliance. “China’s so-called ‘socialist market economy’ has evolved and turned decidedly predatory in nature,” USTR says in the report , published on...
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