China is one of the largest countries in producing and international trade of resource in the world. With the trade friction and dispute arising in recent years, relationship between China and other consuming countries of resources is becoming tense, and how to settle the trade dispute is urgent. This paper basically uses historical analysis method, comparative and demonstrative methods. In a view of international trade law, it analyses the cause of dispute and forecasts the situation by the previous cases and WTO rules. Based on our national condition, it also comes up with reasonable solutions after analyzing the effects on related industries and present policies.
After the analysis of trade dispute from the perspective of trade law, conclusions have been made as follows: First, China will face the possibility of failure on this dispute; Second, according to the possible trend, China should seize the opportunity to adjust present policies, such as promoting the reformation of resource taxation, environmental taxation and consumption taxation; Finally, it can weaken and phase out resource-trade quantitative restrictions. This paper not only has important practical significance to harmonious development between China and its trading partners, but also provides proposals and suggestions for related domestic industrial development and perfecting the rules and policies.
