If a deal is to be reached, its enforcement is likely to be “painful”, experts said, given the lack of transparency of the Chinese economy, and Beijing’s history of not following through on previous pledges. Photo: AFP

‘Painful’ enforcement ahead for China if trade war deal is reached with US insisting on unilateral terms

  • China is said to favour a traditional trade arbitration system, in the style of those used at the World Trade Organisation
  • The US reportedly wants a unilateral snapback system, which would allow it to periodically review whether China is upholding its side of any deal
Topic |   US-China trade war

TOP PICKS

If a deal is to be reached, its enforcement is likely to be “painful”, experts said, given the lack of transparency of the Chinese economy, and Beijing’s history of not following through on previous pledges. Photo: AFP
READ FULL ARTICLE
US trade representative Robert Lighthizer and Vice-Premier Liu He. Photo: AP

US demands level playing field in China, but can Beijing rein in state subsidies to end trade war?

  • United States trade representative Robert Lighthizer has been a long-term critic of advantages given to domestic companies that make it difficult for foreign firms
  • China has long been accused of favouring domestic companies, resulting in an unfair competitive advantage at home and abroad
Topic |   China economy

TOP PICKS

US trade representative Robert Lighthizer and Vice-Premier Liu He. Photo: AP
READ FULL ARTICLE