China’s Compliance With World Trade Commitments
Report of the U.S. Trade Representative
Fourteen years ago, on December 11, 2001, China acceded to the World Trade Organization (WTO). The terms of its accession called for China to implement numerous specific commitments over time, with all key commitments phased in by December 11, 2016. The data confirm a dramatic expansion in trade and investment among China and its many trading partners, including the United States, since China joined the WTO: U.S. exports of goods to China totaled $124 billion in 2014, representing an increase of 545 percent since 2001 and positioning China as the United States’ largest goods export market outside of North America….
