It started its WTO practice soon after China joined the WTO in 2001 and is currently working on the "steel pipes" case against the U.S., in the first WTO dispute launched by China to reach the expert panel stage.
After joining the WTO in late 2001, China set up a nationwide court system for dealing with intellectual property right issues.
As for the WTO itself, bringing China in would not only open up what is potentially the world's biggest consumer market, but it would also ensure that China does not stand aloof from the trading rules that govern commerce in the globalized new century.
In its WTO accession agreement, China also committed to simplify and streamline the approval process for wireless communications equipment into a single process but has not yet done so.
If you need more evidence that the antidumping status quo is weighted heavily against import-consuming U.S. industries, consider this gem: three of the nine mineral raw materials that are the subject of the U.S. case against China in the WTO (magnesium, silicon metal, and coke) are simultaneously subject to U.S antidumping restrictions.
But once China was in the WTO, its steel output rose rapidly while U.S. production drifted downward.
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With WTO membership, China will make significant cuts in its tariffs, thus opening its markets to the products and investment of America and other countries.
Given the uncertainty of future demand for these vehicles in China, it is not surprising that few foreign manufacturers are willing to import these vehicles or their parts (which are still subject to WTO-allowed import tariffs) for sale in China.
China's involvement in the WTO is in the interests of the global economy.
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Indeed, China's membership in the WTO presages a new FDI boom.
He argues that China's inclusion in the WTO, and hence permanent normal trade relations with the U.S., is good for both sides because trade disputes can be resolved through an impartial dispute settlement mechanism.
One version had it that the night before, the U.S. had signaled its willingness to recognize China as a developing country in the WTO.
In retaliation, China filed two of its own WTO complaints against the United States during the year.
Both China and WTO members will need to show more flexibility in future.
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This strategic momentum has carried into 2012, as the recent WTO agreement with China, highlighting IMAX, should enhance programming flexibility in our biggest international market, and we have also made early progress toward igniting network growth in Latin America and Europe.
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In August, it said, citing a "WTO staff report, " that in the U.S. clothing market, China's share could shoot up to 50% from 16% in 2002.
Foreign investment has soared since China opened its markets to join the World Trade Organisation (WTO) in 2002.
Thanks to the WTO, foreign firms are no longer required to hand over technology in exchange for entry to China's market.
He wanted China to get into the WTO, both for the prestige it would bestow on the nation in the eyes of the world, and for the support it would give to China's reforms.
But a WTO ruling on March 26th found in favour of those countries that have filed formal complaints, including Europe, Japan and China.
Barely nine months after China joined the World Trade Organization (WTO) on December 11, 2001, I sat at a U.S.-China Business Council luncheon in Beijing featuring U.K. journalist Joe Studwell speak on his book The China Dream: The Elusive Quest for the Greatest Untapped Market on Earth.
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