| Abstrakt: |
Second, can existing WTO rules address China's state capitalism, particularly the market-distortive conduct of Chinese state-owned enterprises (SOEs) that are supported by industrial policies and subsidies? The book then convincingly debunks the myth that China's state capitalism is a new problem, illustrating how concerns about state intervention and market distortions were tackled during China's accession to the WTO in 2001. The authors argue that while these rules offer some innovations, they do not significantly enhance existing WTO rules in addressing the challenges posed by China's state capitalism. [Extracted from the article] |
