Reforming WTO Rules on State-Owned Enterprises In the Context of SOE

This book argues that the trade-distorting effects of advantages associated with SOEs are more severe from an economic perspective, and the behavior of SOEs after receiving advantages is of more concern, compared to private-owned enterprises (POEs). The p

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Reforming WTO Rules on State-Owned Enterprises In the Context of SOEs Receiving Various Advantages

Reforming WTO Rules on State-Owned Enterprises

Yingying Wu

Reforming WTO Rules on State-Owned Enterprises In the Context of SOEs Receiving Various Advantages

Yingying Wu School of International Law China University of Political Science and Law Beijing, China

ISBN 978-981-13-3560-0    ISBN 978-981-13-3561-7 (eBook) https://doi.org/10.1007/978-981-13-3561-7 Library of Congress Control Number: 2018965467 © Springer Nature Singapore Pte Ltd. 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore

Preface

The purpose of this book is to make proposals to the World Trade Organization (WTO) rules to address the problem of granting advantages to state-owned enterprises (SOEs). SOEs tend to receive various advantages, including financial advantages, monopolies and exclusive rights, regulatory advantages, and so on, leading to economic concerns. The problem is typical in the context of China. However, current WTO rules are not sufficient to address the problem of SOEs receiving various advantages. The book makes recommendations to improve them. It makes three types of proposals, i.e., trade remedy proposals, trade rule proposals, and competition rule proposals. It assesses these proposals in terms of the possibility of implementing them, particularly the political willingness of WTO members to accept these proposals. Lastly, the book lays out the framework for the competition rule proposals. Beijing, China

Yingying Wu

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Acknowledgments

I would like to gratefully give my thanks to Professor William Davey, Amitai Aviram, Patrick Keenan, and Thomas S. Ulen, Dean Ku and