EU still considering China's 'status'

The European Union (EU) is considering whether to grant China market economy status, a senior official from the European Commission (EC), said yesterday.

"The European Commission is still analyzing the new information received from the Chinese side," Gunter Verheuger, vice-president of the EC in charge of enterprises and industry told a press conference in Beijing.

"We do not have a policy to prevent China from becoming a market economy (We hope) to come to a solution as soon as we can," he said.