The dispute concerns two of America's biggest gripes: China's economic model and the WTO's inability to constrain it
continue between America and China, old fights are rumbling on. On October 28th China asked the World Trade Organisation
to allow it to retaliate against $2.4bn of imports from America, as part of a long-running dispute over American treatment of Chinese exports. The final sum will be set by an arbitrator, and will be small in the broader context of the two countries’ escalating trade war. But the symbolism will make it sting.’s inability to constrain it. America accuses China’s government of bloating its private sector with subsidies, which spill over to affect businesses abroad.
The United States Trade Representative, America’s main trade negotiator, attacked the most recent such judgment, in July. Such decisions, it said, illustrated its concerns with the way that theresolves disputes. In an attempt to force a change of approach, it is blocking appointments to the’s appellate body. But bringing the body to a standstill would do nothing to solve the rows that have brought America and China before it again and again.
In the long run subsidies are hard to tackle bilaterally, since any benefits can be undone if an unconstrained third country boosts its handouts in response. American officials have been discussing what new multilateral rules could look like with European and Japanese officials, but without much visible progress. And even if the trio agreed on something, China might not play along.
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