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Abstract
The countervailing measures are three trade remedy measures under the regime of the WTO. This measure is usually taken by the WTO members as a trade sanction measure to the market economy countries in the filed of international trade. In November 2006, the Department of Commerce of United States (U.S.) announced the initiation of a countervailing duty investigation on coated free sheet paper imported from the People’s Republic of China(China) and the preliminary decision and the final decisions are being made against China in the year of 2007. The number of countervailing cases between U.S. and China has rise to eight until the end of the year of 2007. It could be estimated that accompanying the establishment of the market economy regime and the development of the export trade, it is highly probable that other WTO member would quickly apply its subsidy law towards China. Starting from the present situations of the legal issue on the imposing of countervailing measures by U.S. to China, using the cross perspective of legal study and the economic study, this paper has done some research on the countervailing disputes between U.S. and China and has proposed the collective strategy and the specific corresponding measures on the countervailing dispute between America and China.
This paper has approximately 70,000 words and was being divided into six parts beside the preface and the conclusion.
The first part of the paper mainly discussed the definition of subsidy and the countervailing measures and the present situation of the countervailing disputes of U.S. and China, pointing out that the initiation of the countervailing measure investigation is the landmark of the imposition of the countervailing duties on China.
The second part has introduced the development of the U.S. countervailing law and the countervailing investigation procedure with the emphasis on the origin of the Non-Market Economy (NME). This part mainly analyzed the legal origin fr
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