The United States, European Union, and Japan have begun a trilateral process to confront the Chinese economic model, including its use of industrial subsidies and deployment of state-owned enterprises. This paper seeks to identify the main areas of tension and to assess the legal-economic challenges to constructing new rules to address the underlying conflict.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3473890
The best way to address China’s unfair policies and practices Is through a big, bold, comprehensive case at the WTO filed by a broad coalition of countries that share the United States’ substantive concerns about China:
There is a misconception that the WTO Appellate Body’s narrow interpretation of what constitutes a “public body” under the WTO’s Agreement on Subsidies and Countervailing Measures has made it very difficult to regulate SOEs as public bodies. This is less significant now that China has started to assign key governmental functions to many SOEs. Along with the push by the Communist Party of China to install Party Committees in SOEs and to make them the key decision-makers, it becomes much easier to find the exercise of government authority by these SOEs and government control of these firms.
https://theglobalobservatory.org/2019/04/are-new-rules-needed-china-wto/
In the latest move, China’s government-funded “starlight chip project” announced on Monday that it plans to invest 10 billion yuan ($1.43 billion) in the next decade on chip technology research, standard-setting study, application development and large-scale industrialization.
Launched in 1999, the project has applied for more than 3,000 patents and formed several chip technological systems including digital media, intelligent security and artificial intelligence.
https://www.globaltimes.cn/content/1175236.shtml