Whole Network Most Recent TOP10 Entrepreneurship Innovation Private Equity Venture Capital

 

China Loses its First WTO Case

Filed in archive Law by Greg Cruey on February 17, 2008

"Woof, woof!" Those were the words of the World Trade Organization's global trade watchdog to China, according to the PanAsianBiz blog.

According the Agence France Press (AFT), the case is the first time China has been the subject of a complaint that went all the way through to the WTO's Dispute Settlement Body since it joined the WTO in 2001.

The case involves tariffs on the importation of car partslinks into China. In order to nurture its own parts industry, China places a tariff on cars when more than 60% of the parts on them are imported. That tariff means those made-in-China cars are taxed at the same rate as if they'd been imported whole.

China Loses its First WTO Case

The United States, the European Union and Canada brought a complaint to the WTO over the tariff.

The WTO ruling it not yet public. Confidential documents have been leaked by diplomats in Geneva on condition of anonymity, according to the AFT.

The ruling could serve to make the U.S. more aggressive at the WTO in an effort to solve disputes with China. Among the issue that could be next, intellectual property rights disputes like copyright and pirating.

China's blocking of many U.S. Internet web sites has also been discussed recently as a free trade issue. The WTO could eventually become one path for fighting censorship of the Web in China.

Advertisement




Permalink: China Loses its First WTO Case
Tags: WTO  China  china  first  more  loses+first  china+loses  first+case 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/113997



Advertisement


Advertisement


RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use the search to look for other interesting posts

  • ChinaVentureNews seeks news contributions



    If you are an analyst, tech company, private equity firm, service provider or entrepreneur with news to share related to China venture capital send us your relevant news release.

    CVN will post it to our site. We reserve the right to edit the copy because of space limitations, and to make summaries of the release when appropriate-- although a full copy of the release will always be linked to.

    Thank you!

    Please simply use our form here.


 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give Luis a call at +1 (650) 331 8047.


  • Testimonials

  • 'Exactly what I am looking for.'

    "One of my favorite blogs."
  • Other blogs in the same channel in the Creative Weblogging Network







 
Tagcloud: Agreement Blogs Book review Commodities Conferences Entrepreneurship Incubators and Science Parks Information Sources Innovation Internet IPOs Law M&A Mergers and Acquisitions News Outsourcing Policy Private Equity Sovereign Wealth Funds Sponsored Post Stocks Studies Technology Report Treatment VC and PE: education and training Venture Capital Yuan Renminbi