China's Compliance With the World Trade Organization and International Trade Rules
Transcript (PDF) (Text)
When China joined the World Trade Organization in 2001 it was hoped that China would strengthen the rule of law, open its markets to U.S. goods, end discriminatory trading policies, and increase transparency, bringing benefits to both the United States and China. Some 12 years later considerable concern remains over China's compliance with its WTO obligations and international trade rules generally. The state continues to play a heavy role over China's economy and to subsidize state-owned enterprises and favored industries at the expense of foreign competition. Other problems include weak enforcement of intellectual property rights, retaliation for U.S. trade actions, lack of transparency, and forced technology transfer. This hearing will examine recent issues and trends in China's compliance with WTO and other international trade rules.
This hearing will be webcast live here.
Opening Statements
Senator Sherrod Brown, Chairman
Statements Submitted for the Record
Representative Christopher Smith, Cochairman
Senator Carl Levin
Witnesses
David Horn, Executive Vice President and General Counsel, AK Steel Holding Corporation
Elizabeth Drake, Partner, Stewart and Stewart
Thea Lee, Deputy Chief of Staff, President's Office, American Federation of Labor and Congress of Industrial Organizations
Timothy Webster, Assistant Professor of Law; Director, East Asian Legal Studies, Case Western Reserve University School of Law