China , WTO and Macau

As China’s domestic consumption of rare earths grows, the country will be increasingly reliant on imports to feed its appetite for the materials. China already became the world’s largest importer of rare earths in 2018, and it is expected to become a net importer by the middle of the decade. Under these conditions, Beijing’s influence over the global rare earth industry would be significantly reduced, and new players might finally find themselves able to compete https://chinapower.csis.org/china-rare-earths/ 2014 China lost an appeal at the World Trade Organization in a case brought by the United States, the European Union and Japan to challenge China’s restrictions on exports of rare earths, according to a WTO Appellate Body ruling published on Thursday. “... China has not demonstrated that the export quotas that China applies to various forms of rare earths, tungsten and molybdenum by virtue of the series of measures at issue are justified ... ” the document’s conclusion said. China ...

Jul21 “Decades of gaming the global trading system and failing to meet WTO commitments have enabled China to accumulate tremendous trade surpluses and foreign currency reserves, which it uses to pursue domestic and foreign policy objectives,” said Ezell. “It is time for like-minded nations to join together to forcefully insist that China come into full and immediate compliance with all its WTO commitments and more broadly to contest China’s innovation-mercantilist strategies.”  As of 2019 , the  University of Pennsylvania  ranks ITIF as the most authoritative science and technology policy think tank in the world.  http://www.businessghana.com/site/news/general/243291/20-Years-After-Joining,-China-Still-Shirks-WTO-Commitments;  https://itif.org/publications/2021/07/26/false-promises-ii-continuing-gap-between-chinas-wto-commitments-and-its  jul21 China regards its rise as a long overdue restoration of its rightful position, as it has been the largest economy ...

ago21 CRITICO Should China have been admitted to the World Trade Organization ( WTO ) in 2001? “Knowing now the behavior that China has exhibited as a member of the WTO over the past 20 years, with a really significant failure to live up to their commitments, the answer would be no,” Stephen Ezell, vice president of Global Innovation Policy at the Washington-based Information Technology & Innovation Foundation, told The Epoch Times.  In a new report ( pdf) , Ezell details how the Chinese regime “remains woefully short” of meeting the commitments it made as conditions of its WTO accession in December 2001, including in the areas of “industrial subsidization, protection of foreign intellectual property, forcing joint ventures and technology transfer, and providing market access to services industries.” (...)  Instead, Beijing has engaged in “decades of gaming the global trading system,” enabling it to “accumulate tremendous trade surpluses and foreign currency reserves, whic...

jul21 A REFORMA VISTA DOS EUA  It might not be beach material, but it’s timely, because there’s a WTO ministerial meeting this fall, and the fate of the appellate body (AB) will feature prominently. If the U.S. wants to get serious about WTO reform, this study can help reframe the conversation. T he U.S. has long expressed  bipartisan concerns  about how the AB does its job. Some cut deeper than others. The study surveys these complaints, which range from the timeliness of AB rulings to questions about their precedential value. The Obama administration “blocked” a few appointments to the AB, but the Trump administration escalated things, bringing the institution to its knees by the end of 2019. The Biden administration seems to be in no rush to reverse this, or propose any reforms. This presents an obstacle to re-engaging with America’s allies, many of which have joined a  temporary work-around  while they wait for the U.S. to unblock the AB.  The WTO has a...