Parliamentary Testimony
China’s non-market practices, impact on the world, and what to do about it?
Testimony before the U.S.-China Economic and Security Review Commission.
Download the full testimony.
On 14 April 2022, Alicia Garcia Herrero gave testimony before the before the U.S.-China Economic and Security Review Commission on China’s non-market practices. Below is an extract of this testimony.
I want to thank you for the opportunity to contribute to the deliberations of this Commission. Today, my remarks will focus on China’s non-market practices and their negative impact on the world, especially the US and the EU. Then, I will offer some potential actions to reduce such adverse impacts, starting with developing and applying the concept of competitive neutrality internationally and in China, followed by possible instruments based on the European experience. Finally, the usefulness of leveraging on like-minded partners to preserve international orders and the functioning of market economies in a global setting is also essential.
