China S Compliance With World Trade Organization Obligations A Review Of China S First Two Years Of Membership

This book takes a look at the first two years of China’s membership in the WTO and attempts to assess the level of China’s WTO compliance achieved to date and the problems that remain ahead. In particular, the book examines: - China's modification to its laws and regulations, China's participation in WTO committee work, and technical assistance programs available to China from the WTO, the US and other member nations; - How effectively the WTO’s first and second Transitional Review Mechanisms have operated; - The US-China bilateral relationship and structures in place for discussion of US-China trade issues and major WTO compliance issues; -The monitoring of China’s WTO compliance by the US government and private sector groups, as well as a survey of the important compliance issues that arose in the first two years of China’s WTO membership; - The use made by the US of transitional rights outlined in China’s accession agreement, in particular, the textile and product-specific safeguards, and the non-market economy methodology used in antidumping proceedings concerning products from China. Published under the Transnational Publishers imprint.

This book takes a look at the first two years of China's membership in the WTO and attempts to assess the level of China's WTO compliance achieved to date and the problems that remain ahead. In particular, the book examines: - China's modification to its laws and regulations, China's participation in WTO committee work, and technical assistance programs available to China from the WTO, the US and other member nations; - How effectively the WTO's first and second Transitional Review Mechanisms have operated; - The US-China bilateral relationship and structures in place for discussion of US-China trade issues and major WTO compliance issues; -The monitoring of China's WTO compliance by the US government and private sector groups, as well as a survey of the important compliance issues that arose in the first two years of China's WTO membership; - The use made by the US of transitional rights outlined in China's accession agreement, in particular, the textile and product-specific safeguards, and the non-market economy methodology used in antidumping proceedings concerning products from China. Published under the Transnational Publishers imprint.

Amid the ongoing crisis surrounding the WTO, China's role and behaviour in the multilateral trading system has attracted overwhelming attention. This timely monograph provides the first comprehensive and systemic analysis of China's compliance with the rulings of the WTO's dispute settlement mechanism (DSM). It covers all the disputes in which China has been a respondent during its 17-year WTO membership and offers a detailed discussion of China's implementation of adverse WTO rulings, its approaches to settling WTO disputes, the possible explanations for such approaches, and post-compliance issues. The book shows how China has utilised the limitations and flexibilities of WTO rulings to ensure that its implementation of the rulings not only delivers adequate compliance but also maintains its own interests. Overall, this book argues that the issues relating to the quality of China's compliance and post-compliance practices concern the loopholes within the DSM itself which may be utilised by all WTO Members. However, despite the loopholes, China's record of compliance suggests that the DSM has been largely effective in inducing compliance and influencing domestic policy-making. It is therefore in the interest of all WTO Members and other stakeholders to protect the DSM as the 'crown jewel' of the multilateral trading system.

"China's accession to the World Trade Organisation (WTO) in 2001 was hailed as the natural conclusion of a long march that started with the reforms introduced by Deng Xiaoping in the 1970s. However, China's participation in the WTO since joining has been anything but smooth, and its self-proclaimed "socialist market economy" system has alienated many of its global trading partners - as recent tensions with the United States exemplify. Prevailing diplomatic attitudes tend to focus on two diametrically opposing approaches to dealing with the emerging problems: the first is to demand that China completely overhaul its economic regime; the second is to stay idle and accept that the WTO must accommodate different economic regimes, no matter how idiosyncratic and incompatible. In this book, Mavroidis and Sapir propose a third approach. They point out that, while the WTO (as well as its predecessor, the General Agreement on Tariffs and Trade [GATT]) has previously managed the accession of socialist countries or of big trading nations, it has never before dealt with a country as large or as powerful as China. Therefore, in order to simultaneously uphold its core principles and accommodate China's unique geopolitical position, the authors argue that the WTO needs to translate some of its implicit legal understanding into explicit treaty language. Focusing on two core complaints - that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies (both private as well as SOEs) impose forced technology transfer on foreign companies as a condition for accessing the Chinese market - they lay out their specific proposals for successful legislative amendment"--.

World Trade Organization: First-Year U.S. Efforts to Monitor China's Compliance

Seminar paper from the year 2003 in the subject Politics - International Politics - Topic: International Organisations, grade: 1.6 (A), University of Manchester (Manchester School of Management), course: Manchester School of Management, language: English, abstract: What were the difficulties surrounding China’s accession to the World Trade Organisation (WTO)? Why has it taken the People’s Republic of China (PRC) over 15 years to join? What are the expected benefits and disadvantages of joining? What changes is WTO membership likely to bring to China’s economy in the future? These are the question this paper will address. WTO accession by China is often seen as the most significant event about China in the last decade, even ahead of the Taiwan Independence issue, which continues to penetrate world news periodically. Since the end of the Cultural Revolution in 1978, China has been on a course of economic reform. Today, Chinese are richer than ever before in history, with the country itself having experienced extended periods of extraordinary growth. Specifically, this report will highlight China’s first attempts to join the WTO more than 15 years ago in chapter two. Chapter three will focus on the main areas of difficulty surrounding WTO accession, while chapter four will comment on the final accession in December 2001. The expected economic advantages and disadvantages for China will be discussed in chapter five; finally, chapter six will offer a brief future outlook for China, again mainly from an economic perspective.