Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 363

Review

Doing business with China: Is China keeping its legal WTO obligations?

Isola Oluwabusuyi
4370 Peachtree Road N.E. Atlanta, Ga 30319
Email: [email protected]

  •  Accepted: 25 November 2010
  •  Published: 28 February 2011

Abstract

 

Is China keeping its legal world trade organization (WTO) obligations?  On December 11, 2001, China became the 143rd member of the WTO after 15 years of negotiations. The accession package approved in Qatar for the People's Republic of China includes commitments on transparency and predictability, tariffs, trading rights and distributions, service agreements, TRIPS, import licensing importation and investment approvals, technical barriers to trade, taxes and subsidies. On September 15, 2010, MarketWatch reported the filling of two new trade cases against China by the United States at the WTO. The two cases were related to China’s legal WTO obligations under the 2001 agreement. While these two fillings were not the first since the agreement was signed in 2001, one would only hope they will be the last. This paper attempts to examine China’s performance under the agreement since it was signed in 2001.  

 

Key wordsInternational trade, international business, global management, world trade organization.