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.
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.
Kelly Ann Shaw is currently a partner with Hogan Lovells in Washington, D.C., as well as a lecturer in law at Columbia Law School. She 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.