Lord Taylor of Warwick – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Lord Taylor of Warwick on 2016-01-18.

To ask Her Majesty’s Government what assessment they have made of the claim by Aegis Europe that granting market economy status to China could put more than one million European jobs at risk.

Lord Maude of Horsham

A report by the Economic Policy Institute, on which the claim by Aegis Europe draws makes some significant omissions, uses some questionable assumptions and does not take account of a number of potential positive or mitigating effects in reaching its estimates. We understand that the European Commission will be undertaking a detailed assessment of the economic impacts of granting MES as part of their consideration of this issue.