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One reads complaints about China trade and the WTO system every day in the U.S. These statements usually concern rule violations by China, limitations of the WTO, and the inability of the U.S. to enforce WTO law.
ReplyDeleteHoward Schneider, who covers international economics for the Washington Post, went even further in an article yesterday, saying that even though the U.S. has won a lot of cases recently, the WTO system still doesn’t work. The article’s title, “At WTO, a growing U.S. record of wins against China, but a less than certain benefit,” sums up Schneider’s thesis. The U.S. has been chalking up quite a few wins against China these days at the WTO, but the gains are difficult to ascertain.