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17 - China’s Entry into the WTO

A Mistake by the United States?

from Part IV - Responses of China’s Trading Partners

Published online by Cambridge University Press:  14 September 2023

Henry Gao
Affiliation:
Singapore Management University
Damian Raess
Affiliation:
University of Bern
Ka Zeng
Affiliation:
University of Arkansas
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Summary

The conclusion that China’s accession to the World Trade Organization (WTO) was a failure from a US perspective stems from: 1) loading too many issues and expectations—including an entire panoply of national security and geostrategic concerns—on to the WTO and its trade-rules-based, binding dispute settlement system to address; 2) failure by the United States and the rest of the world to use the tools available as a result of China’s accession to the WTO to both protect their domestic markets and hold China to account for its WTO commitments; and 3) China’s U-turn away from market-economy reforms to a much more state-centric, Chinese Communist Party (CCP)-run the economy. Addressing the United States’ concerns with China will require working to strengthen the WTO and then using it to take on a more limited set of trade concerns while using other tools to address broader concerns over China, both bilaterally and in conjunction with allies and partners.

Information

Type
Chapter
Information
China and the WTO
A Twenty-Year Assessment
, pp. 400 - 426
Publisher: Cambridge University Press
Print publication year: 2023
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NC
This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC 4.0 https://creativecommons.org/cclicenses/

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