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4 - The Limits of General WTO Rules

Published online by Cambridge University Press:  10 November 2022

Henry Gao  and
Weihuan Zhou
Henry Gao
Affiliation:
Singapore Management University
Weihuan Zhou
Affiliation:
University of New South Wales, Sydney
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Summary

Chapter 4 explores the utility of different WTO rules in disciplining market-distortive behaviour of SOEs and subsidies, including GATT rules on import monopolies, state trading enterprises (STEs), transparency, and anti-dumping (AD) measures. In our view, these rules are all of limited utilities, albeit for different reasons: the rules on import monopolies and STEs are quite narrow in terms of the coverage of policy instruments and the prescribed obligations, the transparency obligation is rather tooth-less, while the ability to use AD measures to deal with market distortions due to state intervention has been curtailed by the Appellate Body (AB) in recent cases.

Keywords

General Agreement on Tariffs and Trade (GATT)tariffsimport monopoliesnon-discriminationquantitative restrictionsstate trading enterprisestransparencyAnti-Dumping AgreementAccession Protocolnon-market economy
Type
Chapter
Information
Between Market Economy and State Capitalism
China's State-Owned Enterprises and the World Trading System
 , pp. 69 - 96
Publisher: Cambridge University Press
Print publication year: 2022

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  • The Limits of General WTO Rules
  • Henry Gao, Singapore Management University, Weihuan Zhou, University of New South Wales, Sydney
  • Book: Between Market Economy and State Capitalism
  • Online publication: 10 November 2022
  • Chapter DOI: https://doi.org/10.1017/9781108908795.007
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  • The Limits of General WTO Rules
  • Henry Gao, Singapore Management University, Weihuan Zhou, University of New South Wales, Sydney
  • Book: Between Market Economy and State Capitalism
  • Online publication: 10 November 2022
  • Chapter DOI: https://doi.org/10.1017/9781108908795.007
Available formats
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To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • The Limits of General WTO Rules
  • Henry Gao, Singapore Management University, Weihuan Zhou, University of New South Wales, Sydney
  • Book: Between Market Economy and State Capitalism
  • Online publication: 10 November 2022
  • Chapter DOI: https://doi.org/10.1017/9781108908795.007
Available formats
×