Abstract

GAMBRILL, Monica. Subsidies in Negotiations for China to Join the WTO: Implications for Development. Prob. Des [online]. 2015, vol.46, n.181, pp.157-184. ISSN 0301-7036.

The accession protocol to the World Trade Organization (WTO) that the People's Republic of China (PRC) negotiated applied multilateral rules on subsidies with special flexibility. This pragmatic arrangement allowed China to maintain essential aspects of its former industrialization model, which, together with guaranteed access to markets, only further bolstered its export success. Concretely, it allowed China to maintain its special economic zones, temporary import of intermediate goods and industrial policy, despite WTO bans on these subsidies. When China joined the WTO, exports took off and industrial growth continued without interruption, to such an extent that the specialization profile of these exports began to upgrade.

Keywords : Manufacturing exports; export subsidies; tariffs; foreign trade; international bodies.

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