China And The World Trading System

Author : Deborah Z. Cass,Brett G. Williams,George Barker
Publisher : Cambridge University Press
Page : 469 pages
File Size : 48,6 Mb
Release : 2003-03-06
Category : Law
ISBN : 9781139436496

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China and the World Trading System by Deborah Z. Cass,Brett G. Williams,George Barker Pdf

China, the world's sixth largest economy, has recently joined the rules-based international trading system. What are the implications of this accession? Leading scholars and practitioners from the US, Europe, China, Australia and Japan argue that China's membership will affect the WTO's decision-making, dispute resolution and rule-based structures. It will also spur legal and economic reform, have far-reaching social, political and distributional consequences in China, facilitate a new role for China in international geo-political affairs, and alter the shape, structure and content of the international trading system as a whole. Of interest to scholars of China, as well as trade lawyers and economists.

Author : Paul Blustein
Publisher : CIGI
Page : 282 pages
File Size : 49,5 Mb
Release : 2019-09-10
Category : Business & Economics
ISBN : 9781928096870

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Schism by Paul Blustein Pdf

China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad – for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies – a cheap currency and heavy-handed state intervention – that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.

Author : Gregory Shaffer
Publisher : Cambridge University Press
Page : 345 pages
File Size : 51,8 Mb
Release : 2021-07-22
Category : Business & Economics
ISBN : 9781108495196

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Emerging Powers and the World Trading System by Gregory Shaffer Pdf

This book explains the rise of China, India, and Brazil in the international trading system, and the implications for trade law.

Author : Frederick M. Abbott
Publisher : Springer
Page : 244 pages
File Size : 45,9 Mb
Release : 1998-04-29
Category : Law
ISBN : UCSD:31822025954140

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China in the World Trading System:Defining the Principles of Engagement by Frederick M. Abbott Pdf

Of Political Science, Asia/Pacific Research Center, Stanford University.

Author : James J. Nedumpara,Weihuan Zhou
Publisher : Springer
Page : 324 pages
File Size : 52,8 Mb
Release : 2018-09-20
Category : Law
ISBN : 9789811313318

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Non-market Economies in the Global Trading System by James J. Nedumpara,Weihuan Zhou Pdf

This book provides one of the most comprehensive and compelling analysis of Non-Market Economies (NMEs) and their treatment under the current world trading system. In particular, it examines the treatment of China as an NME in anti-dumping investigations, especially post-December 2016. Central to this analysis is Section 15 of China’s Protocol of Accession to the WTO, which is the focal point of the controversy between China and other major WTO Members. The book highlights multiple perspectives on the interpretation of Section 15 and the Second Ad Note to Article VI of the General Agreement on Tariffs and Trade (GATT), which form the legal basis for China’s special treatment in anti-dumping proceedings, and provides unique approaches on interpreting the above treaty texts. In addition, the book explores recourses to trade remedy instruments other than anti-dumping to identify and address state-driven market distortions in the case of NMEs. Authored by leading practitioners and scholars, the chapters offer a detailed commentary and rich insights into the diverse approaches and methods used by anti-dumping investigation agencies of leading users. This book serves as an all-inclusive resource for discerning all facets of this issue, magnitude of the consequences, and potential threats to the delicate trading system. It is of particular relevance to economies-in-transition and newly acceding countries to the WTO. This book generates special interest among legal practitioners, exporters, trading firms, think tanks, academicians, policy makers and the entire community engaged in international trade disputes with China.

Author : Robert C. Feenstra
Publisher : University of Chicago Press
Page : 603 pages
File Size : 51,9 Mb
Release : 2010-03-10
Category : Business & Economics
ISBN : 9780226239729

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China's Growing Role in World Trade by Robert C. Feenstra Pdf

In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Author : Jeffrey J. Schott
Publisher : Peterson Institute
Page : 356 pages
File Size : 51,7 Mb
Release : 1996
Category : Business & Economics
ISBN : 0881322350

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The World Trading System by Jeffrey J. Schott Pdf

Comprises a collection of papers and comments which discuss challenges confronting the World Trade Organization (WTO). Analyses the implementation of WTO agreements and unfinished business from the Uruguay Round, the impact of proliferating regionalism, the desirability of expending the WTO agenda to "new" issues, and institutional issues such as WTO accession and linkages with other international institutions.

Author : Supachai Panitchpakdi,Mark L. Clifford
Publisher : John Wiley & Sons
Page : 268 pages
File Size : 43,9 Mb
Release : 2002-01-25
Category : Business & Economics
ISBN : STANFORD:36105110441073

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China and the WTO by Supachai Panitchpakdi,Mark L. Clifford Pdf

This work analyses the implications for world trade of China's entry into the World Trade Organization. It has taken fifteen long years of dialogue and heated debate and it will take its place among the other members at the end of 2001. This momentous event is relayed by the next WTO Chairman.

Author : Nicholas R. Lardy
Publisher : Rowman & Littlefield
Page : 266 pages
File Size : 51,6 Mb
Release : 2004-05-13
Category : Business & Economics
ISBN : 0815798695

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Integrating China into the Global Economy by Nicholas R. Lardy Pdf

China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system? The answer to this question forms the basis for this new book. Nicholas Lardy explores the many pressures on the Chinese government, both external and internal, to comply with the standards of the rule-based international trading system. Lardy points out that, prior to entry into the WTO, China enjoyed high growth rates and more foreign direct investment than any other emerging economy. He draws on a wealth of scholarship and experience to explain how China's leadership expects to leverage the increased foreign competition inherent in its WTO commitments to accelerate its domestic economic reform program, leading to the shrinkage and transformation of inefficient, money-losing companies and hastening the development of a commercial credit culture in its banks. Lardy answers a number of other questions about China's new WTO membership, including its effects on bilateral trade with the United States; the possibility that China will use its power to reshape the WTO in the future; the degree to which the terms of China's entry were more or less demanding than those for other new members; the ability of China's economy to successfully open to new imports; and the prospects for new growth in various sectors of China's economy made possible by WTO accession. This book will become an important tool for those who wish to understand China's new role in the global trading system, to take advantage of the new opportunities for investment in China

Author : Petros C. Mavroidis,Andre Sapir
Publisher : Princeton University Press
Page : 262 pages
File Size : 46,9 Mb
Release : 2021-01-05
Category : Business & Economics
ISBN : 9780691206592

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China and the WTO by Petros C. Mavroidis,Andre Sapir Pdf

"China's accession to the World Trade Organisation (WTO) in 2001 was hailed as the natural conclusion of a long march that started with the reforms introduced by Deng Xiaoping in the 1970s. However, China's participation in the WTO since joining has been anything but smooth, and its self-proclaimed "socialist market economy" system has alienated many of its global trading partners - as recent tensions with the United States exemplify. Prevailing diplomatic attitudes tend to focus on two diametrically opposing approaches to dealing with the emerging problems: the first is to demand that China completely overhaul its economic regime; the second is to stay idle and accept that the WTO must accommodate different economic regimes, no matter how idiosyncratic and incompatible. In this book, Mavroidis and Sapir propose a third approach. They point out that, while the WTO (as well as its predecessor, the General Agreement on Tariffs and Trade [GATT]) has previously managed the accession of socialist countries or of big trading nations, it has never before dealt with a country as large or as powerful as China. Therefore, in order to simultaneously uphold its core principles and accommodate China's unique geopolitical position, the authors argue that the WTO needs to translate some of its implicit legal understanding into explicit treaty language. Focusing on two core complaints - that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies (both private as well as SOEs) impose forced technology transfer on foreign companies as a condition for accessing the Chinese market - they lay out their specific proposals for successful legislative amendment"--.

Author : Supachai Panitchpakdi,Mark L. Clifford
Publisher : John Wiley & Sons
Page : 274 pages
File Size : 48,6 Mb
Release : 2002-01-25
Category : Business & Economics
ISBN : UCSC:32106018459104

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China and the WTO by Supachai Panitchpakdi,Mark L. Clifford Pdf

This work analyses the implications for world trade of China's entry into the World Trade Organization. It has taken fifteen long years of dialogue and heated debate and it will take its place among the other members at the end of 2001. This momentous event is relayed by the next WTO Chairman.

Author : Robert W. Staiger
Publisher : MIT Press
Page : 353 pages
File Size : 44,7 Mb
Release : 2022-12-20
Category : Business & Economics
ISBN : 9780262047302

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A World Trading System for the Twenty-First Century by Robert W. Staiger Pdf

When designing a world trading system for the twenty-first century, “Keep calm and carry on” beats “Move fast and break things.” Global trade is in trouble. Climate change, digital trade, offshoring, the rise of emerging markets led by China: Can the World Trade Organization (WTO), built for trade in the twentieth century, meet the challenges of the twenty-first? The answer is yes, Robert Staiger tells us, arguing that adapting the WTO to the changed economic environment would serve the world better than a radical reset. Governed by the WTO, on the principles of the General Agreement on Tariffs and Trade (GATT), global trade rules traditionally focus on “shallow integration”—with an emphasis on reducing tariffs and trade impediments at the border—rather than “deep integration,” or direct negotiations over behind-the-border measures. Staiger charts the economic environment that gave rise to the former approach, explains when and why it worked, and surveys the changing landscape for global trade. In his analysis, the terms-of-trade theory of trade agreements provides a compelling framework for understanding the success of GATT in the twentieth century. And according to this understanding, Staiger concludes, the logic of GATT's design transcends many, if not all, of the current challenges faced by the WTO. With its penetrating view of the evolving global economic environment, A World Trading System for the Twenty-First Century shows us a global trading system in need of reform, and Staiger makes a persuasive case for using the architecture of the GATT/WTO as a basis for that reform.

Author : David Wall,Peter Holmes,Jeremy Kempton,Richard L. Grant
Publisher : Unknown
Page : 0 pages
File Size : 45,6 Mb
Release : 1998
Category : China
ISBN : OCLC:986697203

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China's Market Economy by David Wall,Peter Holmes,Jeremy Kempton,Richard L. Grant Pdf

Author : Anonim
Publisher : Matt Buttsworth
Page : 10 pages
File Size : 41,9 Mb
Release : 2024-06-29
Category : Electronic
ISBN : 9781471037368

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China Versus the US - the Chinese Challenge to the World Trading System by Anonim Pdf

Author : Mark A. Groombridge,Claude E. Barfield
Publisher : American Enterprise Institute
Page : 132 pages
File Size : 54,6 Mb
Release : 1999
Category : Business & Economics
ISBN : 0844741078

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Tiger by the Tail by Mark A. Groombridge,Claude E. Barfield Pdf

Prospects for the accession of the People's Republic of China to the World Trade Organization in the near future have diminished considerably. Recently, many policymakers predicted that the PRC would most likely enter the WTO no later than 1999 or 2000. Given a variety of recent economic and political developments in both Asia and the West (particularly the United States), it now seems likely that the negotiations concerning China's accession will be much more protracted.