Trump to Punish China outside WTO

Charles Wallace
Forbes
U.S. Trade Representative Robert Lighthizer said Monday that the Trump Administration is drawing up plans to punish China outside the World Trade Organization.

Breaking Down the U.S. Trade Deficit with China

Paul Haenle & Yukon Huang from Carnegie-Tsinghua Center for Global Policy
A positive relationship between the United States and China, the world’s two largest economies, is crucial for promoting global growth and development. The bilateral relationship, however, has become increasingly fraught by disagreements over what a...

Sinica Podcast

05.16.17

America’s Top Trade Negotiator in 2001 Looks at China Today

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
Charlene Barshefsky was a name you couldn’t avoid if you were in Beijing in the late 1990s. As the United States Trade Representative from 1997 to 2001, she led the American team that negotiated China’s accession to the World Trade Organization (WTO...

Trump’s Pretty Good China Deal

Wall Street Journal
Wilbur Ross made some startling claims after Thursday’s announcement of a 10-point agreement with China on trade. The U.S. Commerce Secretary boasted that the “herculean accomplishment” was “more than has been done in the whole history of U.S.-China...

China Urges U.S. To Abide by WTO Rules in Aluminum Imports Investigation

Xinhua
A Chinese Commerce Ministry spokesman Thursday urged U.S. authorities to abide by World Trade Organization rules in its investigation of aluminum imports.

China, EU Push Message of Free Trade, Engagement

ABC
Top diplomats from China and the European Union pledged closer cooperation Wednesday, highlighting their common interests in peace and security and pushing a message of free trade and open engagement in contrast to fears that the U.S. is turning...

China Conducts Foreign Policy in Africa without Judgment

Eric Olander, Cobus van Staden & more
In this edition of the China in Africa podcast, we pull the focus back to look at China’s rapidly evolving foreign policy agenda in this new era of Western populism led by Donald Trump in the United States.François Godement, Director of the Asia and...

South Korea Complains to WTO about China over THAAD

BBC
South Korea has appealed to the World Trade Organization to determine if the Chinese government is treating South Korean companies unfairly.

Books

03.16.17

Hollywood Made in China

Aynne Kokas
China’s entry into the World Trade Organization in 2001 ignited a race to capture new global media audiences. Hollywood moguls began courting Chinese investors to create entertainment on an international scale—from behemoth theme parks to blockbuster films. Hollywood Made in China examines these new collaborations, where the distinctions between Hollywood’s “dream factory” and Xi Jinping’s “Chinese Dream” of global influence become increasingly blurred. With insightful policy analysis, ethnographic research, and interviews with CEOs, directors, and film workers in Beijing, Shanghai, and Los Angeles, Aynne Kokas offers an unflinching look at China’s new role in the global media industries. A window into the partnerships with Chinese corporations that now shape Hollywood, this book will captivate anyone who consumes commercial media in the twenty-first century. —University of California Press{chop}

Trump’s Trade ‘Hammer’ Aims to Pound China, Mexico and the WTO

Bloomberg
Lighthizer has urged a harder-nosed approach to China, which accounts for more than half of America’s $500-billion trade deficit, and more trade complaints from the U.S.

Trump’s Not Telling the Whole Story on Trade, China Claims

Fox News
Beijing fired back Wednesday at President Trump’s claim that the U.S. has “lost 60,000 factories” since China joined the World Trade Organization, with a top diplomat suggesting the president told only part of the story.

China Accused of Undermining Drive to Cut Steel Capacity

Charles Clover and Lucy Hornby
Financial Times
China’s cuts in steel capacity last year primarily targeted mills that were already idle, doing little to reduce the exports that have fueled trade tensions or address the blight of toxic smog, a study has found. ...

China, the Party-Corporate Complex

Yi-Zheng Lian
New York Times
In December, 15 years after China’s accession to the World Trade Organization, the European Union, the United States and Japan formally refused to grant Beijing the coveted label, denying it important concessions on tariffs and other trade...

Obama Takes Parting Shot at China with WTO Aluminium Case

Shawn Donnan
Financial Times
U.S. is challenging Beijing’s financing of its industries with low-cost loans

Trump Says China is Not a Market Economy. Here’s Why That is a Big Deal

Chad Bown
Washington Post
In 2001, in China’s view, the U.S. promised it would treat the Asian country as a “market economy” starting in December 2016. Trump has a different idea.

China Faces off Against World on Open Global Markets

Mark Magnier and Will Mauldin
Wall Street Journal
Anniversary of China’s accession to World Trade Organization highlights global rift over Beijing’s economic policy

U.S.-China Trade Relations in the Trump Era

Paul Haenle & Claire Reade from Carnegie-Tsinghua Center for Global Policy
Donald Trump’s election injects greater uncertainty, and potentially increased contention, into the trade and investment relationship between the United States and China. In this podcast, Paul Haenle spoke with Claire Reade, a senior associate with...

U.S., China Clash Over Market Economy Status at WTO

Tom Miles
Reuters
The United States warned China on Thursday that it had not done enough to qualify for market economy status.

Caixin Media

06.06.16

Uncertain Future for China’s Market Status Bid

It’s been 15 years since China joined the World Trade Organization, and yet China is still waiting for the WTO to grant it market economy status. During this period, some Chinese businesses have expanded overseas while others have been accused of...

Conversation

04.12.16

Should Internet Censorship Be Considered a Trade Issue?

Bethany Allen-Ebrahimian, Susan Shirk & more
A new report from the Office of the United States Trade Representative lists, for the first time, Chinese Internet censorship as a trade barrier. The possible implications are complex: it could strengthen the hand of U.S. businesses, but also stands...

Conversation

10.06.15

What Will the TPP Mean for China?

Barry Naughton, Arthur R. Kroeber & more
On Monday, the U.S., Japan, and ten other countries concluded negotiations on the Trans-Pacific Partnership, or TPP—the largest regional trade accord in history. If approved, the agreement will set new terms for the nearly $28 trillion in trade and...

Books

03.16.15

The China Boom

Ho-fung Hung
Many thought China’s rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself entrenched in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung exposes the competing interests and economic realities that temper the dream of Chinese supremacy—forces that are stymieing growth throughout the global South. Hung focuses on four common misconceptions about China’s boom: that China could undermine orthodoxy by offering an alternative model of growth; that China is radically altering power relations between the East and the West; that China is capable of diminishing the global power of the United States; and that the Chinese economy would restore the world’s wealth after the 2008 financial crisis. His work reveals how much China depends on the existing order and how the interests of the Chinese elites maintain these ties. Through its perpetuation of the dollar standard and its addiction to U.S. Treasury bonds, China remains bound to the terms of its own prosperity, and its economic practices of exploiting debt bubbles are destined to fail. Dispelling many of the world’s fantasies and fears, Hung warns of a post-miracle China that will grow increasingly assertive in attitude while remaining constrained in capability. —Columbia University Press{chop}

Obama’s Top Asia Adviser: Goal is for Complete Trade Pact in 2015

David Brunnstrom
Reuters
Evan Medeiros, senior director for Asia at the U.S. National Security Council, asked about the Trans-Pacific Partnership, said: "We are confident we can and we will get it done."...

Caixin Media

11.17.14

Visa and MasterCard Confront China’s Stacked Deck

Visa and MasterCard executives eager to expand in China were thrilled recently when Premier Li Keqiang seemed to suggest that a door would open to them for bank card yuan business in the country.But they had read Li wrong: The premier's...

U.S. Pushes China to Give Ground on Technology Trade Deal

Krista Hughes
Reuters
The United States on Monday urged China to give ground on a deal to eliminate duties on billions of dollars of technology products and said it would use talks in Beijing later this week to push to restart negotiations.

US Wins WTO Luxury Car Ruling Against China

BBC
The World Trade Organization found no basis for duties that China imposed on saloons and off-road vehicles between 2011 and 2013 in retaliation for US trade policies.

No, China Did Not Win the Global Battle for Supremacy

Daniel Rosen
Foreign Policy
Eric X. Li enumerates the defects of a U.S.-centric international system that he perceives to be crumbling, praises the deftness and strength he sees in China's statecraft, and predicts a coming period of international volatility as...

China’s Blackout of U.S. Media Can No Longer Be Ignored

Jim Sciutto
Washington Post
Web censorship is not just an inconvenience but also a reminder that many leading U.S. media and technology companies are excluded, or largely excluded, from one of the world’s largest markets and this country’s largest trading partner. ...

Caixin Media

04.15.13

China Export Policy Chokes on Vitamin Verdict

Internet cafés covered by the city of Wuhan’s Internet Café Association agreed to set minimum prices for online access nearly a decade ago. And more than one hundred coking coal company-members of the Coke Association of Shanxi Province each agreed...

China Denies It Is World’s Biggest Trader Despite Data Showing It Passed U.S. Last Year

The Associated Press
Washington Post
Official Chinese and American trade data indicate China passed the United States last year in total imports and exports by a margin of $3.866 trillion to $3.822 trillion.

In Car Country, Obama Trumpets China Trade Case

Mark Landler
New York Times
In a vivid display of the powers of incumbency, President Obama on Monday filed a broad new trade case against China at the World Trade Organization, announcing the action in this industrial battleground where Mitt Romney has pressed his argument...

U.S. Files W.T.O. Case Against China Over Cars

Keith Bradsher
New York Times
The United States on Monday filed a broad trade case against China at the World Trade Organization, alleging unfair subsidies for exports of cars and auto parts.

Reports

12.11.09

China’s Economic Conditions

Wayne M. Morrison
Peony Lui
Congressional Research Service
Since the initiation of economic reforms and trade liberalization thirty years ago, China has been one of the world’s fastest-growing economies and has emerged as a major economic and trade power. The combination of large trade surpluses, FDI flows...

Reports

03.07.05

Nonmarket Nonsense: U.S. Antidumping Policy toward China

Daniel Ikenson
Cato Institute
In stark contrast to its broader restraint in the face of anti-China protectionist pressure, the Bush administration has adopted an unabashedly bellicose approach to antidumping matters. The administration should take a hard look at its antidumping...

Reports

08.06.03

China and the World Trade Organization

Wayne M. Morrison
Peony Lui
Congressional Research Service
After many years of difficult negotiations, China, on December 11, 2001, become a member of the World Trade Organization (WTO), the international agency that administers multilateral trade rules. Under the terms of its WTO membership, China agreed...

Reports

05.16.03

Taiwan’s Accession to the WTO and its Economic Relations with the United States and China

Wayne M. Morrison
Peony Lui
Congressional Research Service
After several years of negotiations, Taiwan joined the World Trade Organization (WTO), the international organization that sets rules for most international trade, on January 1, 2002. Taiwan’s WTO membership is expected to accelerate trade and...

Reports

04.24.00

China’s Long March to a Market Economy

Mark A. Groombridge
Cato Institute
The U.S. Congress is in the historic position of being able to help pro-reform leaders in China move their country in a market-oriented direction. A vote to grant China permanent normal trade relations (PNTR) status will bolster the position of...