CWR > Volume 1(1); 2015 > Current Developments
Research Paper
Published online: March 1, 2015
DOI: http://dx.doi.org/10.14330/cwr.2015.1.1.05
Uneasy Days of Push-and-Pull between China and the WTO: Recent Issues of China in the WTO
Bomin Ko
YIJUN Institute of International Law
562 Gwangnaruro, Kwangjin-gu #201, Seoul 143-821 Korea
Corresponding Author: bomingo@sogang.ac.kr
ⓒ Copyright YIJUN Institute of International Law. This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
As of February 2015, China's 12-year experience as a WTO member has induced an ambitious global vision as so-called 'New Silk Road Strategy', and its global status has leveled up as 'G2' of the world. In terms of global trade, consumers all over the world have gained from cheap Chinese goods, and Chinese growth has provided a huge market for other countries' exports. This paper briefly analyzes traditional issues concerning China's cases in the WTO in areas such as goods and services, intellectual property, dispute settlement, multilateral and regional trade agreements. It will also tackle China-related issues in the WTO under such topics as investment, competition, government procurement, trade finance, and labor and human rights. This paper concludes that China needs to be equipped with better enforcement of domestic rule of law and greater room for trade liberalization. Moreover, the WTO is expected to encourage and boost China's economic growth and institutional development, while China will continue to pose both new opportunities and threats to the multilateral trading system.
Keywords : China's trade policy, New Silk Road Strategy, China and the WTO, multilateral trading system
