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China’s State Capitalism and World Trade Law

Du, M (2014) China’s State Capitalism and World Trade Law International and Comparative Law Quarterly, 63 (02). pp. 409-448.

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Abstract

Melding the power of the state with the power of capitalism, state-owned and state-controlled enterprises continue to control the commanding heights of the Chinese economy even though market-oriented reforms have led to a rapid expansion of the private sector in China. This article reflects on how China's practice of state capitalism challenges the world trading system and how WTO law, as interpreted by WTO Panels and the WTO Appellate Body (AB), addresses these challenges. The article concludes that the WTO Agreement on Subsides and Countervailing Measures (SCM Agreement) has been interpreted in such a manner that many key features of China's state capitalism could easily be challenged by its trading partners in a WTO-consistent manner. This finding has profound implications for China's domestic economic reforms, especially China's ongoing reforms of its state-owned enterprises and commercial banks.

Item Type: Article
Subjects : subj_Law
Divisions : Faculty of Arts and Social Sciences > School of Law
Authors :
AuthorsEmailORCID
Du, MUNSPECIFIEDUNSPECIFIED
Date : 30 April 2014
Identification Number : 10.1017/S0020589314000062
Copyright Disclaimer : © Cambridge University Press 2014
Related URLs :
Depositing User : Symplectic Elements
Date Deposited : 24 May 2016 08:46
Last Modified : 02 Jun 2016 07:44
URI: http://epubs.surrey.ac.uk/id/eprint/810797

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