Tuesday, December 20, 2011

China's responsibilities

German China Trade Ship ca. 1870
GLOBAL ECONOMIC OUTLOOK: CHINA, THE EURO CRISIS, AND THE UNITED STATES. 12/21, 9:45-11:45am, Breakfast, Washington, DC. Sponsor: Carnegie (CEIP). Speaker: Pieter Bottelier, Nonresident Scholar, CEIP; Uri Dadush, Senior Associate and Director, CEIP; Yukon Huang, Senior Associate, CEIP; Hans Timmer, Director, Development Prospects Group, World Bank.

Despite this progress, the overall picture currently presented by China’s WTO membership remains complex, given a troubling trend in China toward intensified state intervention in the Chinese economy over the last five years. Increasingly, trade frictions with China can be traced to China’s pursuit of industrial policies that rely on trade-distorting government actions to promote or protect China’s state-owned enterprises and domestic industries. In fact, in recent years, China seems to be embracing state capitalism more strongly, rather than continuing to move toward the economic reform goals that originally drove its pursuit of WTO membership.
Testimony Before The Congressional-Executive Commission on China, Assistant United States Trade Representative for China Affairs Claire Reade, December 13, 2011.

Ten Years in the WTO: Has China Kept Its Promises Hearing of the Congressional-Executive Commission on China, December 13, 2011.

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