Comparative Analysis and Political Implications of China's Economic Retaliation Measures

Abstract

China has undertaken economic retaliations for her own national interests, although the WTO Agreement does not allow its Members to undertake economic retaliations for a political purpose. China has rarely openly recognized her economic retaliations to avoid international responsibility and condemnation. In general, China prefers tactical retaliation, which she learned from her own experience of defending against economic retaliations from other states. China warns her target states that stronger repercussions will be made if they do not reverse certain actions that is considered as undermining her core national interests. Chinas ultimate goal of economic retaliations is to make others value their economic relationships with China more. To solve this matter, this paper seeks to find effective ways to reduce misconception and withdraw Chinas economic retaliation measure.