In this episode, Dr. Jeffrey Wilson joins us to discuss China’s expanding trade restrictions against Australia. Dr. Wilson analyzes China’s trade strategy of targeted geoeconomic sanctions and argues that Beijing’s goal is to maximize economic pain without hurting its own welfare. When considering whether China’s trade coercion against Australia is a violation of international law, Dr. Wilson contends that many of China’s actions fall into the grey zone. He discusses Canberra’s decision to file a case against China in the World Trade Organization and contends that Australia will be better positioned to fight the case if it has support from the international community. Finally, Dr. Wilson asserts that the future of China-Australia trade tensions may depend on how U.S.-China relations develop, since China views Australia as an ideal proxy for sending a message to the United States.
In this episode, Dr. Tu Xinquan joins us to discuss China’s relationship with the World Trade Organization (WTO) and the economic impact of its membership since joining in 2001. Dr. Tu evaluates China’s compliance with its WTO obligations, as well as its use of the WTO’s trade dispute mechanism. He also explains China’s recommendations for WTO reform and the role it seeks to play in the organization moving forward.
Successfully managing the threat of pandemics and epidemics requires advanced capabilities and robust resources. Decades of economic development have enhanced China’s ability to defend against infectious diseases, but the outbreak of COVID-19 laid bare critical health security weaknesses.
China’s accession to the World Trade Organization was heralded by the international community as a victory for free trade and economic liberalization. While China has been one of the organization’s most active members, Beijing has not instituted deep, systemic reforms and its compliance with WTO rulings has been mixed.