ABSTRACT

China and the WTO: Assessing and Enforcing Compliance, Hearings before the U.S.-China Economic and Security Review Commission, One Hundred Ninth Congress, First Session, February 3 and 4, 2005   [open pdf - 14MB]

From the document: "The Commission used China's accession to the World Trade Organization [WTO] as the hearing's frame of reference, considering both the obligations it placed on China and the trade remedies it provides for U.S. parties. Commissioners heard from senior Administration officials, industry groups, labor organizations, economists, and trade law experts. The Commission was also honored to receive the perspectives of ten Members of Congress representing bipartisan concerns in both the House of Representatives and the Senate about this subject. There was a general consensus in the testimony that China remains in violation of its WTO obligations in a number of important areas. Witnesses highlighted China's undervalued currency and lack of protection for intellectual property rights and expressed the view that U.S. Government efforts to move China to address these serious problems have not achieved satisfactory results to date and should be reconsidered. The hearing also dealt with the application of U.S. trade remedies. The Commission heard testimony concluding that the Administration has not effectively utilized antidumping duties and the China-specific Section 421 and textile safeguards to offset China's unfair trade practices. What follows are our key findings in these areas along with a number of recommendations designed to improve the use of U.S. trade remedies and encourage China's compliance with its WTO commitments." Statements, letters, and materials submitted for the record include those of the following: Richard D'Amato, Roger W. Robinson, Jr., Patrick A. Mulloy, Sherrod Brown, Sander Levin, Tim Ryan, Bob Ney, Charles E. Schumer, Lindsey Graham, Ted Strickland, Robert C. Byrd, Mary Landrieu, Byron Dorgan, Henry A. Levine, Shaun E. Donnelly, Terence P. Stewart, Alan Wm. Wolff, C. Fred Bergsten, Franklin J. Vargo, David A. Hartquist, Cass Johnson, Auggie Tantillo, Harris Raynor, Erik O. Autor, Julia K. Hughes, June Teufel Dreyer, Loren Yager, Eric H. Smith, Timothy P. Trainer, Jason Berman, Nancy E. Foster, Gary C. Martin, Michael J. Coursey, Larry E. Craig, Mike DeWine, Daniel K. Inouye, Kevin M. Burke, Randal Quarles, and the United States Chamber of Commerce.

Publisher:
Date:
2005
Copyright:
Public Domain
Retrieved From:
U.S.-China Economic and Security Review Commission: http://www.uscc.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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