Prospects of China's market economy status in 2016: the U.S. factor and China's strategy

LI Siqi1 YAO Yuan1 TU Xinquan1

(1.WTO Research Center of the University of International Business and Economics)

【Abstract】The Non–market Economy Status Clause is one of the major discriminations in China’s accession to the WTO, which has caused negative impacts on China’s trade interests. As the Article 15 of China’s WTO Accession Protocol will expire in 2016, whether China will automatically obtain market economy status has aroused great concern among the government, academia and public. At present, the US, EU, India and other WTO members have not yet recognized China’s market economy status, especially the US has taken a rather resolute stance on this matter. From the perspective of the WTO law and the US domestic law, this article seeks to interpret the rules of market economy status in WTO and US laws. Taking political factors of US trade policy towards China into consideration, this article emphatically analyzes the US policy positions in this matter, predicts and judges the US possible stances and finally put forward China’s strategic options.

【Keywords】 market economy status; Protocol on the Accession to WTO of the People’s Republic of China; US; WTO;

【DOI】

【Funds】 This article has received support from key project (14AGJ012) of National Social Science Foundation Collaborative Innovation Center of University of International Business and Economics (201502YY001B)

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(Translated by LING Feixia)

    Footnote

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    [14]. (14) Brazil has admitted China’s market economy status in 2004. However, it still adopts surrogate country approach in practice. Argentina is in similar. Wu Z. & Wei L., Brazil Prepares to Recognize China’s Market Economy Status, Global Times (环球时报), 2011-9-13. HTTP://news.21cn.com/caiji/roll1/2011/09/13/9120928.shtml. [^Back]

This Article

ISSN:1002-4670

CN: 11-1692/F

Vol , No. 03, Pages 151-160

March 2016

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Abstract

  • 1 Stipulations of “market economy status” in WTO and the US laws
  • 2 Literary content analysis on Article 15 of Protocol on the Accession to WTO of the People’s Republic of China
  • 3 Analysis on US trade system and stance
  • 4 Understanding of “market economy status” and China’s strategic selection
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