Book contents
- Frontmatter
- Contents
- List of tables
- List of figures
- List of contributors
- Preface: The ICTSD dispute settlement project
- Introduction
- Part I Case Studies from South America
- Part II Case Studies from Asia
- 3 China's experience in utilizing the WTO Dispute Settlement Mechanism
- 4 Learning from the India–EC GSP dispute: the issues and the process
- 5 Thailand's experience in the WTO dispute settlement system: challenging the EC sugar regime
- 6 How the DSU worked for Bangladesh: the first least developed country to bring a WTO claim
- Part III Case Studies from Africa
- 10 Conclusion
- Index
- References
3 - China's experience in utilizing the WTO Dispute Settlement Mechanism
Published online by Cambridge University Press: 07 September 2011
- Frontmatter
- Contents
- List of tables
- List of figures
- List of contributors
- Preface: The ICTSD dispute settlement project
- Introduction
- Part I Case Studies from South America
- Part II Case Studies from Asia
- 3 China's experience in utilizing the WTO Dispute Settlement Mechanism
- 4 Learning from the India–EC GSP dispute: the issues and the process
- 5 Thailand's experience in the WTO dispute settlement system: challenging the EC sugar regime
- 6 How the DSU worked for Bangladesh: the first least developed country to bring a WTO claim
- Part III Case Studies from Africa
- 10 Conclusion
- Index
- References
Summary
Introduction
The creation of the World Trade Organization (WTO) dispute settlement system has been viewed as a major achievement. The Dispute Settlement Understanding (DSU), the agreement that governs the WTO Dispute Settlement Mechanism (DSM) to ensure better compliance with WTO legal commitments, aims to provide a more secure and predictable multilateral trading system. However, WTO Members' experiences with the system differ substantially. In particular, many developing Members have struggled to adjust to a new system of jurisprudence, utilize it effectively, and muster the substantial resources that involvement in the DSM demands.
China has undergone significant change and unprecedented economic growth in the last several decades. Although still classified as a developing country, its trade has taken the world by storm, with China currently ranked as one of the largest and most powerful players in the global economy. The nation's recent history has seen a whirlwind of expansion and development involving extensive structural change and economic liberalization. China's engagement with the WTO system serves as a testament that China is an economic and political force here to stay.
On 11 December 2001, China acceded to the WTO as its 143rd Member, after 15 years of negotiations to enter the multilateral trading regime. With WTO membership, Chinese exports have been granted automatic most-favoured-nation (MFN) treatment in the markets of all WTO members. Both Chinese exports and imports have grown enormously, and China currently ranks as the world's third largest trading power.
- Type
- Chapter
- Information
- Dispute Settlement at the WTOThe Developing Country Experience, pp. 137 - 173Publisher: Cambridge University PressPrint publication year: 2010
References
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