Uneasy Days of Push-and-Pull between China and the WTO: Recent Issues of China in the WTO
Bomin Ko
Abstract
Open-access reader
Bomin Ko
Abstract
Open-access reader
Uneasy Days of Push-and-Pull between China and the WTO: Recent Issues of China in the WTOBomin Ko 1 * As China's 12-year experience in the WTO has induced an ambitious global vision socalled "New Silk Road Strategy," its global status has leveled up to 'G2' of the world.In terms of global trade, consumers all over the world have gained much from cheap Chinese goods, and Chinese growth has provided a huge market for other countries' exports.This paper briefly analyzes traditional issues concerning China's cases in the WTO in such areas as goods and services, intellectual property, dispute settlement, multilateral and regional trade agreements.It also tackles China-related issues in the WTO including investment, competition, government procurement, trade finance, and labor and human rights.This paper concludes that China needs to be equipped with better enforcement of domestic rule of law and greater room for trade liberalization.Moreover, the WTO is expected to encourage and boost China's economic growth and institutional development, while China will continue to pose both new opportunities and threats to the multilateral trading system.
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Uneasy Days of Push-and-Pull between China and the WTO: Recent Issues of China in the WTOBomin Ko 1 * As China's 12-year experience in the WTO has induced an ambitious global vision socalled "New Silk Road Strategy," its global status has leveled up to 'G2' of the world.In terms of global trade, consumers all over the world have gained much from cheap Chinese goods, and Chinese growth has provided a huge market for other countries' exports.This paper briefly analyzes traditional issues concerning China's cases in the WTO in such areas as goods and services, intellectual property, dispute settlement, multilateral and regional trade agreements.It also tackles China-related issues in the WTO including investment, competition, government procurement, trade finance, and labor and human rights.This paper concludes that China needs to be equipped with better enforcement of domestic rule of law and greater room for trade liberalization.Moreover, the WTO is expected to encourage and boost China's economic growth and institutional development, while China will continue to pose both new opportunities and threats to the multilateral trading system.
Key concepts: China, International trade, Intellectual property, Government procurement, Liberalization, Enforcement, Competition (biology), Free trade