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World Trade Organization: U.S. Companies' Views on China's Implementation of Its Commitments
GAO-04-508 World Trade Organization: U.S. Companies' Views on China's Implementation of Its Commitments
This book examines, from the legal perspective, China's process of WTO accession, its commitments to the accession, the implications of such commitments for its trade and legal systems, and its efforts towards WTO compliance. It also discusses the issue of the capacity of the evolving Chinese legal system for ensuring compliance. In particular, the book probes into the trade and legal systems at the turn of the accession and evaluates selected trade and legal issues, including intellectual property, foreign investment law and settlement of trade disputes.
China's World Trade Organization (WTO) membership negotiations take place on 2 tracks -- bilateral & multilateral negotiations. The bilateral negotiations, including those between China & the U.S., are designed to obtain China's commitment to remove market access barriers & open China's domestic market to more foreign goods & services. The focus of the multilateral negotiations between China & 44 members is to ensure that China will conform its trade to the rules, practices, & obligations required by the WTO agreement. This report examines: the results of the Nov. 1999 bilateral Agreement on Market Access between China & the U.S., & the status of China's ongoing multilateral negotiations in the WTO.