Date: 2017
Type: Working Paper
U.S.-Chinese trade : interface and lawfare
Working Paper, EUI RSCAS, 2017/11, Global Governance Programme-254, Global Economics
TRACHTMAN, Joel P., U.S.-Chinese trade : interface and lawfare, EUI RSCAS, 2017/11, Global Governance Programme-254, Global Economics - https://hdl.handle.net/1814/46564
Retrieved from Cadmus, EUI Research Repository
This chapter offers a perspective on the legal aspects of U.S.-China trade relations, focusing on how the rise of China has challenged U.S. perspectives and principles. There are serious issues raised by the interface between China’s state-controlled economy and the U.S. privately-controlled economy. The existing WTO legal rules are not well-designed to manage these issues, resulting in increasing U.S. dissatisfaction. The Chinese economic and governmental structure is different from that of the U.S., and is not fully suited to the WTO free trade regime due to the extent of state control of the economy. In order to provide a level playing field for U.S. and Chinese enterprises, it will be necessary to develop new disciplines of transparency and neutrality in order to ensure that market-opening agreements are not nullified or impaired.
Cadmus permanent link: https://hdl.handle.net/1814/46564
ISSN: 1028-3625
Series/Number: EUI RSCAS; 2017/11; Global Governance Programme-254; Global Economics
Keyword(s): Trade China WTO Dispute settlement
Other topic(s): Trade, investment and international cooperation