China's Implementation of the Rulings of the World Trade Organization

This book provides a comprehensive analysis of China's compliance with the WTO's dispute settlement mechanism (DSM) during its 17-year membership. It discusses China's implementation of adverse WTO rulings, approaches to settling disputes, and post-compliance issues. The book argues that while the DSM has loopholes, China's record of compliance suggests it has been largely effective in inducing compliance and influencing domestic policy-making. It calls for protecting the DSM as the 'crown jewel' of the multilateral trading system.

Format: Hardback
Length: 280 pages
Publication date: 03 October 2019
Publisher: Bloomsbury Publishing PLC

Amid the ongoing crisis surrounding the World Trade Organization (WTO), China's role and behavior in the multilateral trading system have garnered widespread attention. In response, this timely monograph presents the first comprehensive and systematic analysis of China's compliance with the rulings of the WTO's dispute settlement mechanism (DSM). Spanning its 17-year WTO membership, the book comprehensively covers all disputes in which China has been a respondent, offering a detailed examination of China's implementation of adverse WTO rulings, its approaches to resolving WTO disputes, the potential explanations for these approaches, and post-compliance issues.

Through its analysis, the book demonstrates how China has strategically utilized the limitations and flexibilities within WTO rulings to ensure that its compliance not only meets the required standards but also aligns with its own interests. It sheds light on how China has navigated complex challenges and sought to balance its adherence to international trade rules with its domestic priorities.

The book argues that the issues surrounding the quality of China's compliance and post-compliance practices revolve around the inherent loopholes within the DSM itself, which may be exploited by all WTO Members. However, despite these loopholes, China's track record of compliance suggests that the DSM has been largely effective in inducing compliance and influencing domestic policy-making. It is therefore in the interest of all WTO Members and other stakeholders to safeguard the DSM as the "crown jewel" of the multilateral trading system.

In conclusion, this monograph provides valuable insights into China's compliance with the WTO's DSM and its implications for the global trading landscape. It underscores the importance of maintaining the integrity and effectiveness of the DSM as a critical component of the WTO's framework, ensuring fair and equitable trade among nations. By examining China's experiences and approaches, the book contributes to a better understanding of the challenges and opportunities faced by countries in navigating the complex world of international trade.

Weight: 568g
Dimension: 235 x 165 x 21 (mm)
ISBN-13: 9781509913558