- Country or region
- China
- United States
- Trade topics
- Dispute settlement
- Context
- WTO - Case launched by the EU
Summary of the case
- Complaint by: EU, United States
- Complaint against: China
- Third parties: No third party
China requires foreign financial information suppliers to operate through a government-designated agent. the only designated agent so far belongs to Xinhua News Agency, the State News Agency, which is also in charge of regulating the sector and, in addition, operates a commercial financial information supplier in competition with foreign providers. Moreover, China does not allow foreign suppliers to set up a commercial presence other than in the form of very limited representative offices.
Relevant WTO provision: Articles XVI and XVII GATS; Standstill in China's GATS schedule; commitment to regulatory independance in China's Accession Protocol; Article 39.2 TRIPS.
Status
DSU consultations were held on 22-23 April 2008. the commission is exploring the possibility of an amicable settlement before taking any further partner steps in the DSU context.
- Consultations requested: 03 March 2008