Publication Type

Journal Article

Version

publishedVersion

Publication Date

2009

Abstract

This article examines trade negotiations and disputes between China and the United States. It begins by ascertaining the unique political aspects of China-U.S. bilateral economic ties and explains the historical background underlying the relations. The article then argues that trade frictions between China and the United States are unlikely to repeat the Depression-era trade wars. The article observes that both the Chinese and U.S. governments are aware that the adoption of WTO-inconsistent measures may result in retaliatory actions from the other side. Hence, the two governments have attempted to resolve potential disputes through high-level official talks. Even when certain issues cannot be solved through dialogue, the WTO dispute settlement system has proven to be efficient as an instrument of final resort to deal with bilateral trade frictions. Finally, the article submits that the change in China’s attitude toward WTO disputes further integrates the country into the international economic order and paves the way for a more positive development of China-U.S. trade relations.

Discipline

Asian Studies | International Trade Law | Transnational Law

Publication

Asian Journal of WTO and International Health Law and Policy

Volume

4

Issue

2

First Page

368

Last Page

399

ISSN

1819-5164

Publisher

National Taiwan University Press

Additional URL

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1492980

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