Top Banner
east asian policy east asian policy east asian policy east asian policy east asian policy 83 * KONG Qingjiang is Professor of Law of Zhejiang Gongshang University, China. Trade Disputes between China and the EU KONG Qingjiang* In recent years, trade between China and the European Union (EU) has increased dramatically. However, there have been vigorous EU trade measures to pressurise China to trade fairly, respect intellectual property rights and meet its WTO obligations. China, in turn, has mounted a robust and at times angry response to such pressures. In addition, the China-EU trade relations are being overshadowed by prospective disputes which may arise anytime if the concerns, either trade or non-trade related, of the partners are not properly and timely addressed. TRADE BETWEEN CHINA and the EU has been spurred by the liberalisation of markets after China’s accession to the WTO. While the EU’s open market has been a large contributor to China’s export-led growth, it has also benefitted from the growth of the Chinese market (see Figure 1). In fact, China is Europe’s fastest growing export market. Indeed, the commitments made by China in its accession to the WTO have improved EU firms’ access to China’s market. Many import tariffs and other non-tariff barriers were sharply and permanently lifted.
9

Trade Disputes between China and the EU

Jun 16, 2023

Download

Others

Internet User
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.