World Trade Organization

Report warns G8 of stealthy surge in protectionism

World Trade Organization chief Pascal Lamy warned in April that the threat of protectionism “may be greater now that at any time since the start of the crisis.” Photo: AFP

Major economies competing to restore export-led growth are stealthily imposing more protectionist measures than at any time since the financial crisis began, a leading trade monitoring group said in a report seen by Reuters.

Thursday, 13 June, 2013, 2:27pm

New WTO leader must prove trade body still relevant

The World Trade Organization (WTO) headquarters is pictured in Geneva. Photo: Reuters

It was billed as a proxy fight over global trade between the developing and developed countries. If that was the case, then emerging economies like China have won a significant battle. Brazil's Roberto Azevedo has been chosen as the new director-general of the World Trade Organisation. Apparently, the United States and the European Union backed his rival, Herminio Blanco of Mexico.

10 May 2013 - 4:43am

China to change duties on US steel imports, after WTO ruling

US rolled-steel used by Chinese carmakers. Photo: Bloomberg

China says it will change its restrictive policy on certain steel imports from the United States after the World Trade Organisation declared it was in breach of international trade rules.

18 Nov 2012 - 4:44am

Laos, Russia join WTO path to growth

The 9th Asia-Europe Meeting

Laos hosted the 9th Asia-Europe Meeting in its capital, Vientiane, this week, and many will see this as a coming-out party for the Southeast Asian nation, which is about to become the newest member of the World Trade Organisation.

8 Nov 2012 - 2:16am

Hopes high for investment and trade as Laos prepares to join WTO

Hopes high for investment and trade as Laos prepares to join WTO

After years of preparation, Laos is on the verge of joining the World Trade Organisation (WTO), a milestone that it owes to a slew of reforms it must now enforce.

5 Oct 2012 - 4:24am

Beijing should settle WTO case over rare-earth exports

Here is a little secret that folks at the Ministry of Commerce in Beijing do not want the domestic audience to know much about.

12 Jul 2012 - 12:00am

Laissez-faire and the dentist's chair

Free trade and dentistry have a lot in common. Everyone is in favour of dental work, in principle, but few are enthusiastic about visiting the dentist. Free trade is like that, but more so because while it remains a much lauded principle, in practice the excuses for avoiding its implementation are even more effective than dentist evasion.

6 Feb 2012 - 12:00am

WTO upholds ruling on China's export restrictions

The World Trade Organisation has rejected China's appeal of a WTO ruling that found its restrictions on exports of nine raw materials breached trade rules.

The WTO concluded on July 5 that Chinese quotas, export duties and licence requirements on the country's exports of industrial ingredients that include coke, zinc and bauxite were discriminatory.

1 Feb 2012 - 12:00am

Ten years in the WTO sees turnaround in philosophy

A nation's changing economic influence and fortunes can alter its economic philosophy, and that is what is happening between the United States and China in regard to global free trade and economic globalisation, former vice-minister of commerce Wei Jianguo says.

12 Dec 2011 - 12:00am

What they say

Henry Gao, associate professor of law, Singapore Management University: 'Joining the WTO has enhanced government transparency tremendously - 10 years ago many laws and regulations were often closely guarded within government agencies and not disclosed to the public. Today, you can check the Ministry of Commerce's website and find lots of government information.

11 Dec 2011 - 12:00am

A bad patch for many down on the farm

Agriculture topped China's list of concerns when it entered the World Trade Organisation 10 years ago, and a decade into membership some farmers are still anxious.

Feng Wei, a pig farmer in Jining , Shandong , says China's WTO entry has not benefited him at all, only harmed his business.

10 Dec 2011 - 12:00am

Next 10 years call for more reforms

The defining economic events of the last decade were the global financial crisis and the shift of power to Asia. The first accelerated the second. But the catalyst for Asia's emergence as the driver of world growth came at the beginning of the decade - China's accession to the World Trade Organisation.

24 Nov 2011 - 12:00am

The bottom line in world summits

This is a WTO meeting where you won't find angry protesters waging street battles with burly police officers in tactical gear. The three-day 12th World Toilet Summit kicked off yesterday. Anger and anxiety usually mark global summits these days, but here, everyone seems relieved and relaxed.

23 Nov 2011 - 12:00am

Events

Monday, November 21: Hong Kong General Chamber of Commerce lunch: 'China and the WTO: After 10 years, what next?' Island Shangri-La.

Tuesday, November 22: British Chamber of Commerce breakfast: 'Value chain transformation - Using Hong Kong to create operational synergies and capture tax savings opportunities'.

19 Nov 2011 - 12:00am

One step changed it all

The name of the game in business is gaining more than you pay, and the stakes were never higher than in the lead-up to the vote that sealed China's accession to the World Trade Organisation, 10 years ago today.

It was a gamble involving all its 1.3 billion people, its companies, political constituencies and the ruling Communist Party - and it worked.

10 Nov 2011 - 12:00am

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