Click here for search results
Trade remedies and non-market economies : economic implications of the first US countervailing duty case on China
 
Author:Zhao, Longyue; Wang, Yan; Collection Title:Policy Research working paper ; no. WPS 4560
Country:United States; China; Date Stored:2008/03/17
Document Date:2008/03/01Document Type:Policy Research Working Paper
Language:EnglishRegion:Rest Of The World; East Asia and Pacific
Report Number:WPS4560SubTopics:Economic Theory & Research; Emerging Markets; Markets and Market Access; Debt Markets; Trade Law
Volume No:1 of 1  

Summary: In 2007, the United States Department of Commerce altered a 23-year old policy of not applying the countervailing duty law to non-market economies, and initiated eight countervailing and antidumping duty investigations on Chinese imports. The change brings heated debate on trade remedy policies and issues of non-market economies. This study focuses on the first countervailing duty case on imported coated free sheet paper from China and analyzes the implications of this test case for United States-China bilateral trade, and industrial policies in transitioning market economies. The paper also provides a brief review of the economics of subsidies, World Trade Organization rules on subsides and countervailing measures, and United States countervailing duty laws applied to non-market economies. While recently acceded countries should review their domestic development policies from the perspective of economic efficiency and comply with the World Trade Organization rules, it is also important to further clarify the issues of non-market economies under the multilateral trading system, and pay keen attention to the rules negotiations in the current World Trade Organization Doha Development Round.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 50 pagesOfficial version*0.30
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.



Permanent URL for this page: http://go.worldbank.org/T3BWGP1H10