The Question of China’s Market Economy Status Go back »
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Time2016-10-18 | 16:30 - 18:30
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Venue:Rosewood Beijing Jing Guang Center Hotel, Salon 302
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Address:
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Fee:Members: RMB250 |
Non Members: RMB500
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The European Commission (EC) is expected to address the question of China’s Market Economy Status (MES) ahead of the December expiration of anti-dumping measures contained in theWTOprotocol on China.
The EC is exploring alternatives to the non-market economy treatment andannounced that it would issue a legislative proposal to remove its "non-market economies" list from EU anti-dumping regulation. Anti-dumping regulation will also be modified to capture distortions resulting from State interference, thereby maintaining a similar level of protection. The issue is no longer limited to whether market economy status will be granted but how de facto non-market economy treatment will be sustained.
In both the EU and the US, this issue is tied directly to overcapacity, reflected by steel industry protesting perceived dumping of cheap, subsidised steel into bothtrade blocs. Beijing’s official position on MES is clear: China should automatically be granted MES under WTO rules at the end of this year.China’s leaders attach political significance to MES and regard this process as another step in China’s return to its rightful place in the global economic order.
The European Chamber is delighted to welcome a panel of experts to consider the implications of the ruling and outline the intertwining political, economic and legal considerations that make this such a complex and significant decision.
Agenda
16:00-16:30 Registration
16:30-16:50 Presentation by Stephanie Noël, International Trade Lawyer, S.Noël Law Office
16:50-18:00 Panel Discussion moderated by Dr Lance Noble, Policy & Communications Manager, EU Chamber
Stephanie Noël, International Trade Lawyer, S.Noël Law Office
Timothy Stratford, Managing Partner, Covington & Burling
Liu Baocheng, Associate Professor, University of International Business and Economics
Tom Rafferty, Regional Manager, China at The Economist Intelligence Unit
18:00-18:30 Q&A
*Please note the views expressed in this event are those of our guest speakers and do not necessarily reflect the views of the European Chamber of Commerce in China.
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Speakers
Mr. Timothy P. Stratford
Mr. Timothy P. Stratford
Tim Stratford is managing partner in Covington & Burling LLP’s Beijing office and a member of the International Trade, Corporate and Government Affairs Practice Groups. Mr. Stratford’s practice is focused on advising international clients doing business in China and assisting Chinese companies seeking to expand their businesses globally. As a former Assistant U.S. Trade Representative, Mr. Stratford is the most senior former U.S. trade official working as a member of the U.S. business community in China. Except for the five years he spent in Washington, D.C. in government service (2005-2010), Mr. Stratford has lived and worked continuously in the greater China region since 1982.
While at USTR, Mr. Stratford was responsible for developing and implementing U.S. trade policy toward mainland China, Taiwan, Hong Kong, Macao and Mongolia. He worked closely with other senior U.S. and Chinese officials from numerous government departments and agencies to address problems encountered by companies engaged in bilateral trade and investment and co-chaired a number of important bilateral working groups and dialogues established under the U.S.-China Joint Commission on Commerce and Trade and the U.S.-China Strategic & Economic Dialogue.
Prior to serving at USTR, Mr. Stratford was General Counsel for General Motors’ China operations, where he was a member of GM’s senior management team in China and oversaw the company’s legal and trade policy work. Mr. Stratford also served previously as Minister-Counselor for Commercial Affairs at the U.S. Embassy in Beijing and as Chairman of the American Chamber of Commerce in China. He is a graduate of Harvard Law School and Brigham Young University, and is fluent in Mandarin and Cantonese.
Ms. Stéphanie Noël
Ms. Stéphanie Noël
Stéphanie Noël is an EU trade lawyer, Member of the Paris Bar and registered with the Geneva Bar. She is the principal of S.Noël Law Office, a Geneva-based boutique law practice specializing in international trade and WTO law.
Stéphanie Noël has gained hands-on experience in multiple environments, such as international law firms, companies and trade administrations in Paris, Brussels, Geneva and Canberra. She has acted for clients in multiple geographical areas (including the EU, Africa, China, and the Middle East) and has been involved in trade defense proceedings initiated in and outside Europe. She also has experience of WTO dispute settlement at the Panel and Appellate Body stages. She regularly advises sovereign and private clients (notably European federations) in relation to the negotiation and implementation of bilateral and regional trade agreements, and the WTO-consistency of measures that may affect trade.
Qualifications:
LLM in International Trade Law, Bond University, Queensland, Australia
Postgraduate Diploma in Economic Policy, SOAS, University of London
Master in International Risk Management, HEC (Business School), Paris, France
Master in Exportation Law, University of Paris V – René Descartes
Prof. Baocheng Liu
Prof. Baocheng Liu
Dr. Liu earned his MBA and MSc in International Business from Seton Hall University, bachelor degree in International Trade and PhD in Law from University of International Business and Economics(UIBE). He was the founder and dean to Sino-US School of International Management and Sino-French School of International Management after serving as the executive associate dean for the International School of Excellence at UIBE. His area of research and teaching covers a variety of disciplines including marketing, business ethics, cross-cultural communication and business law.
He is the winner of National Teaching Excellence Award in 2008.
Dr. Liu published extensively in the area of international business, ethics and law.
Besides research and teaching, he served on the management of London Export Corporation, Union Merchant Overseas Corporation and Cathay Trading Ltd, president and CEO of Unigene Biotechnology Inc., Chief Representative of Herborium Inc., and Chairman of Novark Consulting. His hands-on business experience covers international trade, joint venture management, marketing research and legal service. Herborium Inc. co-founded by him was publicly listed on Nasdaq in September 2006.
He is on the council of World Economic Forum, advisory board to the Department of European Affairs under Ministry of Commerce and China Foreign Expert Bureau, member of China Social and Economic Council, Council Member of China Business Ethics Society.
As a founder and director of the Center for International Business Ethics and the Center for Green Entrepreneurship, his research focus is shifting to the area of culture, ethics and sustainable development. He also created the first master degree program on sustainable development between China and France.
As current affairs commentator, he regularly voices his opinions on CCTV, RTTV, BBC and CRI.
Mr. Tom Rafferty
Mr. Tom Rafferty
Tom is The Economist Intelligence Unit’s lead analyst for China and manages a team of researchers in Beijing. He is responsible for the EIU’s daily analysis of political, economic and social developments in China, evaluating their significance for clients, and devises the forecasts that underpin the EIU’s flagship reports for the country. Tom also manages the EIU's Access China service, which offers unrivalled analytical coverage of China’s provinces and cities. He is a frequent commentator in the international media and gives regular presentations to clients, as well as at external conferences and seminars.
Tom joined the EIU in 2011, initially in London, and has a history of engagement in China-related research and analysis. He has been a researcher in the UK Parliament, where he worked on the UK-China bilateral relationship, and has held roles with the China-Britain Business Council, Oxford Analytica and the Foreign Policy Centre. Tom relocated to Beijing with the EIU in 2014. It is the second time he has lived in the city, having previously studied Chinese at Peking University and held a research fellowship at its Institute of International and Strategic Studies.
Tom holds an MPhil in International Relations and a BA in Modern History, both from the University of Oxford. He has published on various subjects in relation to China, both inside and outside the EIU, including on leadership politics, the property sector and business opportunities in regional cities.