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03666aam a2200397Ii 4500 001 6011B2B6E9E911EBBBC9467A3DECA4DB 003 SILO 005 20210721010052 008 200419s2021 nju b 001 0 eng d 020 $a 9780691206592 020 $a 0691206597 035 $a (OCoLC)1151067667 040 $a YDX $b eng $e rda $c YDX $d BDX $d ERASA $d ZQP $d OCLCO $d OCLCF $d YDXIT $d SILO 043 $a a-cc--- 050 4 $a HF3836.5 $b .M38 2021 100 1 $a Mavroidis, Petros C., $e author. 245 10 $a China and the WTO : $b why multilateralism still matters / $c Petros C. Mavroidis and Andre Sapir. 246 3 $a China and the World Trade Organization 264 1 $a Princeton, New Jersey : $b Princeton University Press, $c [2021] 300 $a xv, 242 pages ; $c 25 cm 504 $a Includes bibliographical references (pages 219-229) and index. 505 0 $a Introduction -- 1. The rise and rise of China : (and what should be done about it) -- 2. Complaints against China : (euphoria exits and dysphoria enters) -- 3. Dealing with heterogeneity in the GATT/WTO : lessons from the past for China -- 4. Unilateral responses do not work -- 5. Staying idle is no solution -- 6. The way forward -- 7. The time is now -- Concluding remarks : this time it is different indeed. 520 $a China's accession to the World Trade Organization (WTO) in 2001 was rightly hailed as a huge step forward in international cooperation. However, China's participation in the WTO has been anything but smooth, with China alienating some of its trading partners, particularly the United States. The mismatch between the WTO framework and China's economic model has undermined the WTO's ability to mitigate tensions arising from China's size and rapid growth. What has to change? China and the WTO demonstrates that unilateral pressure, by the United States and others, is not the answer. Instead, Petros Mavroidis and Andre Sapir show that if the WTO enacts judicious reforms, it could induce China's cooperation, leading to a renewed confidence in the WTO system. The WTO and its predecessor, the General Agreement on Tariffs and Trade, are predicated on liberal domestic policies. They managed the previous accessions of socialist countries and big trading nations, but none were as large or powerful as China. Mavroidis and Sapir contend that for the WTO to function smoothly and accommodate China's unique geopolitical position, it needs to translate some of its implicit principles into explicit treaty language. To make their point, they focus on two core complaints--that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies, private as well as SOEs, impose forced technology transfer on foreign companies as a condition for accessing the Chinese market--and they lay out specific proposals for WTO reforms. In an age of global trade disputes, China and the WTO offers a timely exploration of unprecedented challenges to the current multilateral system and fresh ideas for lasting solutions. 610 20 $a World Trade Organization. 610 27 $a World Trade Organization. $2 fast $0 (OCoLC)fst00697669 651 0 $a China $x Commerce. 651 0 $a China $x Foreign economic relations. 650 0 $a World politics. 650 7 $a Commerce. $2 fast $0 (OCoLC)fst00869279 650 7 $a International economic relations. $2 fast $0 (OCoLC)fst00976891 650 7 $a World politics. $2 fast $0 (OCoLC)fst01181381 651 7 $a China. $2 fast $0 (OCoLC)fst01206073 700 1 $a Sapir, Andre, $e author. 941 $a 1 952 $l OVUX522 $d 20220526014310.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=6011B2B6E9E911EBBBC9467A3DECA4DBInitiate Another SILO Locator Search