Commentary The U.S. House of Representatives has unanimously voted to strip China of its status as a “developing country.” Even if the Senate and President Joe Biden were to go along, Washington would have no power to force the issue. That lies with the international community and, to some extent, China. Beijing will not likely…
China’s Fraying Claim to ‘Developing’ Status
April 19, 2023
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Business & MarketsBusiness ColumnistsChinadeveloping countryOpinionThinking About ChinaWashingtonWorld Trade Organization (WTO)
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Beijing Can’t Continue Its Deceitful Trade Practices If China Loses ‘Developing Country’ Status: Expert
April 2, 2023
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Bill ClintonChinaChina Business & EconomyChinese Regimedeveloping countriesdeveloping country statusInternational RelationsThreat from Communist ChinaUS-China relationsWorld Trade Organization (WTO)
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News Analysis U.S. House lawmakers have unanimously voted to revoke China’s “developing country” status. China experts believe that the passage of this bill will make it difficult for the Chinese Communist Party (CCP) to continue its deceitful trade practices in the international community. On March 27, the U.S. House of Representatives passed a bill to…
Japan Agrees to Join Alternative WTO Trade-Dispute Resolution System
March 11, 2023
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Asia & PacificBusiness & MarketseconomyJapanMPIAMulti-Party Interim Appeal Arbitration ArrangementWorldWorld Trade Organization (WTO)
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Japan has agreed to join an alternative dispute resolution system to the World Trade Organization (WTO) after a prolonged inactivity of the WTO Appellate Body left the country’s dispute cases in limbo. The cabinet approved the decision to participate in the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) on Friday, according to the Japanese Ministry of…
US ‘Strongly’ Rejects WTO Ruling on Trump-Era Steel and Aluminum Tariffs
The United States said Friday that it “strongly rejects” the World Trade Organization’s (WTO) ruling against Trump-era steel and aluminum tariffs, vowing to keep the measures in place to preserve national security. The WTO ruled that the tariffs imposed by former President Donald Trump on steel and aluminum in 2018 violated the global trading rules…
WTO Wants More Globalization and Asks How to ‘Redesign Global Financial Architecture’ in Name of Climate Change
November 7, 2022
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Business & Marketsclimate changeclimate change agendaCO2 emissionseconomyglobalizationInternationalwarming periodsWorldWorld Trade Organization (WTO)
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The World Trade Organization (WTO) has published its 2022 edition of the World Trade Report, which pushes for more globalization and a shift away from fossil-fuel vehicles as part of its fight against climate change. One of the messages of the report is that trade is a force multiplier as countries adapt and adjust to…
World Trade Organization Reassesses Global Trade Outlook
April 12, 2022
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Business & EconomyeconomyEuropeInternationalMarketsOutlookRussia-Ukraine WarWorldWorld Trade Organization (WTO)
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The World Trade Organization (WTO) has updated its projections for global trade in upcoming years, reflecting a slower-than-expected recovery from the CCP (Chinese Communist Party) virus as a result of Russia’s ongoing invasion of Ukraine. On Tuesday, the WTO issued a press release revising its predictions for global trade in 2022. Whereas the organization previously…
Ban China From the WTO
June 22, 2021
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Ban Chinaflouting global trade rulesfree tradeOpinionThinking About ChinaViewpointsWorld Trade Organization (WTO)
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Commentary Free trade is getting a bad name. It used to be that economists and experts almost universally approved of unfettered international trade, free of distortion from subsidies and tariffs. Now, that gospel is questioned because of the Chinese regime’s unethical trade practices, including dumping products at below market prices and widespread technology theft, along…
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