ITIF urges Trump to force China to live up to WTO commitments

By Sumit Modi

America’s leading science and tech policy think tank, the Information Technology and Innovation Foundation – or ITIF – has released a statement regarding Sunday’s 15th anniversary of China joining the World Trade Organization. ITIF claims that China is still not living up to its WTO commitments, and urges President-elect Donald Trump to force the issue.

The statement, from ITIF President Robert D. Atkinson, is as follows:

“Trade with China has been one step forward, two steps back for 15 years. Each time China claims to move toward opening up trade, it turns around and introduces another new mercantilist trade barrier to counteract it. The WTO enforcement system has been ineffective at stopping it. In 2001, the pundits were nearly unanimous in saying that joining the WTO could change China as it bought into the same rules of the game for market-based trade that everyone else plays by.

“Now we know that what China really bought from Geneva was a ‘get out of jail free’ card. President-elect Trump’s pledge to get tougher on China’s mercantilism should be a top priority in January to turn China’s false promises into real ones.”

To learn more, read ITIF’s September 2015 report False Promises: The Yawning Gap Between China’s WTO Commitments and Practices.

 

Follow @BizReviewUSA and @NellWalkerMG

Read the December issue of Business Review USA & Canada here

Share

Featured Articles

Amelia DeLuca, CSO at Delta Air Lines on Female Leadership

Driving decarbonisation at Delta Air Lines, Chief Sustainability Officer Amelia DeLuca discusses the rise of the CSO and value of more women in leadership

Liz Elting – Driving Equality & Building Billion-$ Business

Founder and CEO Liz Elting Turned Her Passion into Purpose and Created a Billion-Dollar Business While Fighting for Workplace Equality – and Winning

JPMorgan Chase: Committed to supporting the next generation

JPMorgan has unveiled a host of new and expanded philanthropic activities totalling US$3.5 million to support the development of apprenticeship programmes

How efficient digital ecosystems became business critical

Technology & AI

Mastercard: Supporting clients at a time of rapid evolution

Digital Strategy

Why Ceridian has boldly rebranded to Dayforce

Human Capital