Past Event

China and the WTO: towards a better fit

This session at the WTO Public Forum, in Geneva, will discuss a proposal for the WTO to accommodate China better while retaining its priciples.

Date: October 9, 2019, 12:00 pm Topic:

Audio recording

This session was organised at the World Trade Organization (WTO) Public Forum in Geneva.

The participation of China in the WTO has been anything but smooth. Its self-proclaimed “socialist market economy” system has alienated its trading partners.

Two diametrically opposite approaches (and a few variations of them) have been proposed to deal with the emerging problems. One is to demand that China changes its economic regime. The other is to stay idle and accept that the WTO must accommodate different economic regimes, no matter how idiosyncratic.

At this event we want to propose a third way. In our view, the problems posed by China are due to the fact that, while in the past the GATT/WTO had to address the accession of socialist countries or of big trading nations, it never had to deal with a big, socialist country like China. In order to retain its principles and yet accommodate China, the WTO needs to translate some of its implicit legal understanding into explicit treaty language.

BACKGROUND MATERIALS

China and the world trade organisation: towards a better fit by André Sapir and Petros Mavroidis

Schedule

Oct 9, 2019

12:00-13:00

Panel discussion

Chair: Arancha González, Executive Director, International Trade Centre

Chad P. Bown, Reginald Jones Senior Fellow, Peterson Institute for International Economics

Xiankun Lu, Managing Director, LEDECO Geneva

Petros C. Mavroidis, Edwin B. Parker Professor of Foreign & Comparative Law, Columbia University

André Sapir, Senior Fellow

13:00-13:30

Discussion with the audience

13:30-14:00

Lunch

Speakers

Chad P. Bown

Reginald Jones Senior Fellow, Peterson Institute for International Economics

Arancha González

Executive Director, International Trade Centre

Xiankun Lu

Managing Director, LEDECO Geneva

Petros C. Mavroidis

Edwin B. Parker Professor of Foreign & Comparative Law, Columbia University

André Sapir

Senior Fellow

Location & Contact

World Trade Organization, Centre William Rappard, Rue de Lausanne 154, CH-1211 Geneva 2

Matilda Sevon

matilda.sevon@bruegel.org