Difficult Moment, Promising Future

来源 :CHINA TODAY | 被引量 : 0次 | 上传用户:saien
下载到本地 , 更方便阅读
声明 : 本文档内容版权归属内容提供方 , 如果您对本文有版权争议 , 可与客服联系进行内容授权或下架
论文部分内容阅读



  THE WTO is an international organization whose primary purpose is to open trade for the benefit of all. It seeks to fulfill this objective through an institutional and legal framework that favors the seeking of negotiated solutions to serve diverse commercial interests of its member countries and, in case of non-compliance with WTO rules, provides a dispute settlement mechanism that is the central pillar of the multilateral trading system. The assumption is that the multilateral trading system of the WTO favors the economic development of its member countries.
  In some circumstances, the WTO allows countries to establish trade barriers to foreign goods and services, but with the aim of protecting the consumers, the envi- ronment, or the safety of their population, for example. Thus, there are defense mechanisms against predatory practices in the guise of free trade, that is, against state policies that destroy the structural conditions of the multilateral trading system itself.
  There are numerous trade disputes within the WTO. Many decisions taken by the arbitration panels or by the WTO Appellate Body are questioned by countries that feel disadvantaged. But one thing is certain: to give up the WTO is to accept that the multilateral system of rules of trade be replaced, as pointed out by the Director General of the WTO, Roberto Azevedo, by the law of the jungle. In this scenario, the economically powerful party or country will dictate the rules of international commerce and it will be itself the sole arbitrator of its own interests and disputes.
  Similar to many other post-World War II international organizations, the WTO is also experiencing a crisis of effectiveness and legitimacy. The Doha Round Trade, which was launched at the Qatar WTO meeting in November 2001, had as a goal, expected to reach a conclusion by January 2005, but it failed mainly because the United States and the European Union refused to reduce agricultural subsidies. And recently, some countries are even threatening to quit the WTO.
  Fortunately, China, as the second largest economy in the world, is expressing fundamental support to the WTO for the organization continues to play a greater role in economic globalization. In June, the Chinese government published the White Paper entitled “China and the World Trade Organization,” stating that the country “firmly supports the multilateral trading system with the WTO at its core” and that the country opposes unilateralism and protectionism, reaffirming its fulfillment commitments on trade in goods, in services, on IPR protection, and on transparency. These are commitments that are totally in line with WTO principles.   China’s accession into the WTO in 2001 had an un-deniably positive impact on international trade. Since then, China’s average contribution rate to global economic growth has reached nearly 30 percent. Import and export volumes represented, respectively, 10.2 percent and 12.8 percent of the world total. But the Chinese presence in the world economy and trade may have worried some countries. However, these countries need to pay attention to the fact that China is entering a phase of its economic development with enormous potential for the growth of consumption and import of goods and services, valued at over US $10 trillion in the next five years. In other words, China will open up even more to the world. A clear demonstration of this trend is the China International Import Expo to be held in Shanghai in November 2018. From this perspective, the current trade conflicts between the U.S. and China should not only focus on the present numbers of the trade balance, but above all, see the promising future.
  WTO is facing a difficult moment. Referring to it as a“trade war” is to assume the secondary role of two im- portant dimensions to the multilateral trading system: 1) the observance of international trade law and 2) the search for a negotiated solution to the trade conflicts. Instead of having a secondary role, WTO should be given greater importance. China’s support for the organization is, in this sense, a boost. There is a rule in diplomacy that trade disputes must be treated in a way that does not contaminate other dimensions of diplomatic relations between countries involved in a trade dispute. Thus, when there is a controversy between countries, the first golden rule is to talk. And we should not forget that international trade is one of the pre-conditions to maintaining peace in the world. And constructive dialogue is essential for the maintenance of peace and avoidance of conflicts seeping into other arenas.

其他文献
In the summer of 2011, when an influx of Chinese college graduates from top universities were heading for big cities like Beijing, Shanghai, Guangzhou, and Shenzhen to locate a work, one Yale graduate
期刊
CURRENTLY, China has entered a critical stage of the fight against poverty. However, in the pursuit of targeted poverty alleviation, China also faces problems. For example, some poor people lack the a
期刊
OVER the last five years, the accomplishments of the construction of the Belt and Road have exceeded expectations. The Belt and Road Initiative has become a hot topic in the international community.  
期刊
THE Tibetan wild ass (Equus ki- ang) is widespread in the Qinghai-Tibet Plateau. It is placed in the LC (least concern) category in the IUCN (International Union for Conservation of Nature) Red List o
期刊
THE 2018 Beijing Summit of the Forum on ChinaAfrica Cooperation (FOCAC) was held on September 3 and 4 in Beijing, and had more than 50 leaders of African countries and the African Union (AU) Commissio
期刊
THE ninth day of the ninth month on the Chinese lunar calendar is the Double Ninth Festival, a traditional Chinese holiday with a history of over 2,000 years since the Warring States Period (475-221 B
期刊
PLAIN white porcelain ware is widely loved in China for its minimalistic elegance. Mature production of it first appeared in the sixth century in northern China, with the most prominent originating fr
期刊
China’s Insurance Industry Going Global  China Financial Weekly Issue No. 13, 2018  The year 2018 marks the 40th anniversary of China’s reform and opening-up policy. This year, the country has shared
期刊
DISPROVING all qualms and critics’ pontifica- tions that the Belt and Road Initiative (BRI) has bedeviled South Asia by landing economies in debt traps, controlling markets, and manipulating governmen
期刊
FOR some adults, children’s concerns are seldom taken seriously. In their eyes, important things only exist in the adult world, which should be addressed immediately. In contrast, they always dismiss
期刊