China’s Industrial Subsidies: What Can be Done?

Wednesday, September 16, 2020

China’s Industrial Subsidies: What Can be Done?

Chinese government subsidies to favored industries and the role of state-owned enterprises, along with the overarching role of the state in the Chinese economy, are at the core of U.S.-China trade tensions and are not addressed in the U.S.-China phase one trade deal, signed in January 2020. Kelly Ann Shaw and Stephen Olson walk through these challenges and ongoing efforts to address them through the World Trade Organization and other forums, including a joint statement issued in January 2020 by the U.S., EU and Japan calling for improved subsidy disciplines within the WTO.

Eligible attendees may receive 1 hour of Continuing Legal Education for this webinar. If participating, please provide your bar number when registering.

This webinar is part of a six-session series on “International Trade: Measuring and Managing Risk and Uncertainty.” The series is hosted by the Clayton Yeutter Institute of International Trade and Finance at the University of Nebraska–Lincoln, with support from the CME Group Foundation. All webinars are free and open to the public. Video recaps will be available after the event.

Stephen Olson

Stephen Olson

Research Fellow, Hinrich Foundation in Hong Kong

Mr. Olson is a research fellow at the Hinrich Foundation in Hong Kong. He began his career in Washington DC as an international trade negotiator and served on the US negotiating team for the NAFTA negotiations. He subsequently became president of the Hong Kong-based Pacific Basin Economic Council, and vice-chairman of Cairo-based ARTOC Group for investment and development. He is also a visiting scholar at the Hong Kong University of Science and Technology. He has a master’s degree in international relations from the Johns Hopkins School of Advanced International Studies and a B.A. from the State University of New York. 

Headshot of Kelly Ann Shaw.

Kelly Ann Shaw

Partner with Hogan Lovells in Washington, D.C., lecturer in law at Columbia Law School

Kelly Ann Shaw carries a deep knowledge of international trade, investment, economic law, and policy drawn from her extensive public service at the White House, the Office of the U.S. Trade Representative (USTR), and the Ways and Means Committee in the U.S. Congress. Most recently, Kelly Ann served as deputy assistant to the president for international economic affairs and deputy director of the National Economic Council in the Trump administration. While in the White House, Kelly Ann led the Office of International Economic Affairs for both the National Security Council and the National Economic Council, and was the lead negotiator for the United States at the G7, G20 and APEC, as well as a key negotiator with trading partners, including the China Phase One deal. She previously served as Republican trade counsel for the Committee on Ways and Means; assistant general counsel in both Geneva, Switzerland and Washington, D.C., at USTR; and lead lawyer, negotiator, and adviser in important international negotiations, including the Trans-Pacific Partnership.

Headshot of Andrea Durkin

Andrea Durkin

Vice President for International Policy, National Association of Manufacturers; former Assistant U.S. Trade Representative for WTO and Multilateral Affairs, Office of the U.S. Trade Representative

Andrea Durkin serves as vice president for international policy for the National Association of Manufacturers, working for the success of manufacturers by advancing trade policies that aims to unlock global opportunities for people who make things in America. She is one of the nation’s foremost experts on international policy, drawing from decades of experience serving in Democratic and Republican administrations. Immediately prior to joining the NAM, Andrea served as Assistant U.S. Trade Representative for World Trade Organization (WTO) and Multilateral Affairs. She led trade negotiations and U.S. policy at the WTO and was responsible for committees on industrial subsidies, technical barriers to trade, government procurement, trade facilitation, customs and others. She was also the U.S. senior official for the Organization for Economic Co-operation and Development Trade Committee, G7 and G20 trade tracks. This was Andrea’s second stint in the Office of U.S. Trade Representative, after nearly two decades in the private sector as an entrepreneur, author and corporate government relations executive.