A Research On The Sino-US Trade Friction Under The WTO Dispute Settlement Mechanism

Since the establishment of trade relations, the trade is increasingly close to eachother, there are some unavoidable fractions or contradictions during the development ofthe Sino-US trade. The United States gradually became the most frequent and intensivecountry during the process of in trade. On one hand, we can’t deny it is a giant marketin American and the potential market in China, and both of them frequently trade eachother; On the other hand we should also realize that the United States is carrying out akind of policy which combines economic interests with trade interests in a whole part.Facing this kind of situation, we can’t predict future trends of the Sino-US trade.The thesis discusses the new features of the Sino-US trade friction after reviewingthe some specific events of the Sino-US trade friction, and also the characters ofpolitical tendency to exacerbate the friction, as well as butterfly effect on the regions orworldwide. To be followed the thesis think that China and the United States tradefrictions lie in the U.S. trade deficit and trade protectionism and also the effect ofChina’s economic defects. The second part discusses the method of WTO disputesettlement mechanism in resolving the Sino-US trade disputes, besides the necessitiesand obstacles, and also the reasons why the developing countries choose it, as well asChina’s plans the mechanism to resolve the Sino-US trade disputes obstacles. Finally,the article discusses the methods and strategies of China’s in using the WTO disputesettlement mechanism resolving the trade frictions.The author believes that the reasons of Sino-US trade friction lie in the history ofthe inevitable collision of the two systems. We should be actively taking the initiativeto identify the environment. China should improve the legal system for WTO rules andshould also focus on the optimization of the business environment, to support theprocess of enterprise development, rather than simply resort to financial supports. Whatis more, in order to safeguard their own interests, China should establish a dynamicearly warning mechanism for the United States trade information and the establishmentof specific research and advisory bodies of the Sino-US trade disputes, as well as the active prosecution of the respondent in appropriate retaliatory action. In the level ofinternational law, the thesis proposes that in order to play a greater right to speak,China should take more initiative in the reforms and norms, we can take part into WTOrule reforms and promote or participate in the WTO anti-dumping rules, countervailingrules and norms.