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Will China and/or the United States Transform the WTO?

Published online by Cambridge University Press:  01 March 2021

Simon Lester
Simon Lester*
Affiliation:
Associate Director, Center for Trade Policy Studies, CATO Institute.
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Extract

China's 2001 entry into the World Trade Organization (WTO) and the 2016 election of Donald Trump have converged to form an existential threat to the WTO. Can the WTO manage a large economy with China's level of state economic intervention and political authoritarianism? Will the Trump administration's confrontational approach reform or destroy the organization?

Type
The Great Transformation and the Promise of International Economic Law
Information
Proceedings of the ASIL Annual Meeting , Volume 114 , 2020 , pp. 307 - 310
Copyright
Copyright © The Author(s), 2021. Published by Cambridge University Press on behalf of The American Society of International Law.

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References

1 Mark Wu, The “China, Inc.” Challenge to Global Trade Governance, 57 Harv. Int'l L. Rev. 261 (2016).

2 See, e.g., General Agreement on Tariffs and Trade, Art. XVII, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1A, 1867 UNTS 187, 33 ILM 1153 (1994).

3 See, e.g., Report of the Working Party on the Accession of China, para. 46, WT/ACC/CHN/49 (Oct. 1, 2001).

4 James Bacchus, Simon Lester & Huan Zhu, Disciplining China's Trade Practices at the WTO: How WTO Complaints Can Help Make China More Market-Oriented, Cato Inst. (Policy Analysis No. 856, Nov. 15, 2018).

5 Simon Lester & Huan Zhu, What Trump Gets Right About China and Trade, CNBC (Apr. 25, 2018).

6 Josh Hawley, The W.T.O. Should Be Abolished, N.Y. Times (May 5, 2020); U.S. Senator Josh Hawley's Office Press Release, Senator Hawley Introduces Joint Resolution to Withdraw from WTO (May 7, 2020).

7 Communication from the United States, Draft General Council Decision: Procedures to Strengthen the Negotiating Function of the WTO, World Trade Organization, WT/GC/W/764 (Feb. 15, 2019).

8 Communication from the United States, Procedures to Enhance Transparency and Strengthen Notification Requirements under WTO Agreements, JOB/GC/148, JOB/CTG/10 (Oct. 30, 2017).

9 Communication from the United States, Draft General Council Decision: The Importance of Market-Oriented Conditions to the World Trading System, WT/GC/W/796 (Feb. 20, 2020).