China does not consider itself bound by the jurisdiction of international organizations. By establishing an alternative institution, political influence is intended to override existing legal principles.
By Marcel Grzanna
Beijing has responded to the US tariffs with additional tariffs, export controls and raw material restrictions. But how does this affect German and European companies that manufacture in China or the United States? Jacob Gunter from the China think tank MERICS assesses the situation in this interview – and explains why Europe urgently needs to find its own answers now.
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The USA wants to revoke China's PNTR status – a step that could massively shake up global trade. Business associations warn that this could also have dramatic consequences for German companies.
By Marcel Grzanna
Trade disputes could increase significantly in the future. And yet the World Trade Organisation is not in a position to resolve them. It is not prepared for an industrial policy with Chinese characteristics. What could be a way out?
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The negotiations between the EU Commission and the four Mercosur states are well advanced, but Paris is unlikely to approve the free trade agreement. Berlin and Brussels are now discussing the possibility of outvoting France if necessary – but this would be politically explosive. In future, the EU could focus more on targeted partnerships that also involve investments in third countries.
By Table.Briefings
The WTO has ruled in favor of the EU in the dispute over biodiesel made from palm oil. Due to deforestation in Malaysia, it may not be declared as renewable.
By Lisa Kuner
For former Commission Director John Clarke, the fact that the WTO Ministerial Conference did not bring any progress on agriculture is a bitter setback. Nevertheless, he does not see unilateral measures such as mirror clauses as a solution – but there are exceptions.
By Julia Dahm
Despite an extension, World Trade Organization (WTO) negotiators have not succeeded in agreeing on reforms. There was no breakthrough in the areas of fisheries and agriculture. India is said to have been the brakeman.
By Markus Grabitz
The planned WTO reform is supposed to restore the functionality of the dispute settlement mechanism. The EU case against China over Lithuania is currently on hold. The dispute between the Baltic state and the People's Republic continues to simmer.
By Amelie Richter
At the World Trade Organization Ministerial Conference in Abu Dhabi, the EU wants to discuss industrial policy subsidies and sustainability issues, but concrete progress is not expected due to strongly diverging interests.
By Table.Briefings
WTO News: Since China joined the WTO in 2001, the former developing country has risen to an important economic power. As a member, China uses its economic strength to enforce its interests. Read all the recent news about China and the WTO by the China.Table editorial team.
The WTO is one of the most important international organizations that, along with the IMF and the World Bank. It deals with the rules governing trade between nations and thus addresses trade and economic policy on a global scale. WTO is short for World Trade Organization.
The WTO was established in 1994 from the General Agreement on Tariffs and Trade and has its headquarters in Geneva, Switzerland. It has had 164 members since 2016.
China joined the WTO on December 11, 2001. At that time, the act of China joining the organization was closely knit to hopes of Western countries about an opening of the country as well as the transformation of China’s political system. However, more than 20 years later it has become apparent that this idea has not come to fruition. Instead, under Xi Jinping, the expansion of state intervention in China’s economy has increased significantly and China attempts to spread its political views throughout the world.
Internationally, China also demonstrates its newly won self-confidence and uses its economic strength as a member of the WTO to influence other states. Numerous states filed complaints against China in front of the organization. Many complaints are directed against China's classification as a developing country. Despite its rapidly growing economy, it thus benefits from unfair competitive conditions and is exempt from some regulations.
The latest disputes include the tariff dispute between Australia and China and the dispute over the trade embargo against Lithuania.
The WTO and China are important players in the global economy, yet China is facing numerous complaints and disputes. China.Table provides you with all the recent news.
