The Difficulties Surrounding China S Accession To The World Trade Organisation And The Likely Impacts On China S Economy In Post Wto China

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The difficulties surrounding China's accession to the World Trade Organisation, and the likely impacts on China’s economy in post-WTO China

Ben Beiske
The difficulties surrounding China s accession to the World Trade Organisation and the likely impacts on China s economy in post WTO China Book PDF

Author : Ben Beiske
Publisher : GRIN Verlag
Page : 24 pages
File Size : 45,5 Mb
Release : 2003-07-17
Category : Political Science
ISBN : 9783638205559

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The difficulties surrounding China's accession to the World Trade Organisation, and the likely impacts on China’s economy in post-WTO China by Ben Beiske Pdf

Seminar paper from the year 2003 in the subject Politics - International Politics - Topic: International Organisations, grade: 1.6 (A), University of Manchester (Manchester School of Management), course: Manchester School of Management, language: English, abstract: What were the difficulties surrounding China’s accession to the World Trade Organisation (WTO)? Why has it taken the People’s Republic of China (PRC) over 15 years to join? What are the expected benefits and disadvantages of joining? What changes is WTO membership likely to bring to China’s economy in the future? These are the question this paper will address. WTO accession by China is often seen as the most significant event about China in the last decade, even ahead of the Taiwan Independence issue, which continues to penetrate world news periodically. Since the end of the Cultural Revolution in 1978, China has been on a course of economic reform. Today, Chinese are richer than ever before in history, with the country itself having experienced extended periods of extraordinary growth. Specifically, this report will highlight China’s first attempts to join the WTO more than 15 years ago in chapter two. Chapter three will focus on the main areas of difficulty surrounding WTO accession, while chapter four will comment on the final accession in December 2001. The expected economic advantages and disadvantages for China will be discussed in chapter five; finally, chapter six will offer a brief future outlook for China, again mainly from an economic perspective.

The Difficulties Surrounding China's Accession to the World Trade Organisation, and the Likely Impacts on China's Economy in Post-WTO China

Ben Beiske
The Difficulties Surrounding China s Accession to the World Trade Organisation and the Likely Impacts on China s Economy in Post WTO China Book PDF

Author : Ben Beiske
Publisher : GRIN Verlag
Page : 0 pages
File Size : 50,9 Mb
Release : 2007-09
Category : Electronic
ISBN : 9783638777728

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The Difficulties Surrounding China's Accession to the World Trade Organisation, and the Likely Impacts on China's Economy in Post-WTO China by Ben Beiske Pdf

Seminar paper from the year 2003 in the subject Politics - International Politics - Topic: International Organisations, grade: 1.6 (A), University of Manchester (Manchester School of Management), course: Manchester School of Management, 28 entries in the bibliography, language: English, abstract: What were the difficulties surrounding China's accession to the World Trade Organisation (WTO)? Why has it taken the People's Republic of China (PRC) over 15 years to join? What are the expected benefits and disadvantages of joining? What changes is WTO membership likely to bring to China's economy in the future? These are the question this paper will address. WTO accession by China is often seen as the most significant event about China in the last decade, even ahead of the Taiwan Independence issue, which continues to penetrate world news periodically. Since the end of the Cultural Revolution in 1978, China has been on a course of economic reform. Today, Chinese are richer than ever before in history, with the country itself having experienced extended periods of extraordinary growth. Specifically, this report will highlight China's first attempts to join the WTO more than 15 years ago in chapter two. Chapter three will focus on the main areas of difficulty surrounding WTO accession, while chapter four will comment on the final accession in December 2001. The expected economic advantages and disadvantages for China will be discussed in chapter five; finally, chapter six will offer a brief future outlook for China, again mainly from an economic perspective.

Post-WTO economic effects on state-owned enterprises in China

Ben Beiske
Post WTO economic effects on state owned enterprises in China Book PDF

Author : Ben Beiske
Publisher : diplom.de
Page : 119 pages
File Size : 45,7 Mb
Release : 2003-10-21
Category : Business & Economics
ISBN : 9783832473433

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Post-WTO economic effects on state-owned enterprises in China by Ben Beiske Pdf

Inhaltsangabe:Abstract: The importance of the World Trade Organisation (WTO) for international free trade today has enticed China to join the WTO in December 2001. The significance of WTO membership for China cannot be underestimated, inevitably speeding up much-needed economic reform in the country. The gradual transition from a planned- to a market-economy is expected to continue in the future. The severity of the impacts for the economy will depend on how successful China is in providing policies that will assist the nation in the major adjustment problems that it faces in the future. The expected, actual, and needed implications for China s state-owned enterprises (SOEs) resulting from WTO membership will be investigated in detail; in the process, the significance of SOEs to the Chinese economy will be highlighted. SOEs are mostly ill- prepared for a post-WTO China, and the dismal state of these companies has already led to the decline of market share in the past decade. For the future, the retreat of the state is likely to continue. The main implications for SOEs from China s WTO membership are seen in the areas of competitiveness, corporate governance, privatisation, mergers and acquisitions, property rights, unemployment, and attracting and retaining qualified personnel. This dissertation offers one of the first detailed insights into the challenges facing China s SOEs today and the implications of China s WTO membership for these companies, while also highlighting the areas that require future attention. The understanding of the role and meaning of SOEs for the Chinese economy is of immense importance for foreign investors wanting to invest in the country, already cooperating with China s SOEs, or looking into the possibility of such. Inhaltsverzeichnis:Table of Contents: I.Table of Contents II.LIST OF TABLESIV III.LIST OF FIGURESV IV.GLOSSARYVI 1.INTRODUCTION1 1.1AIM &OBJECTIVES2 1.2OVERALL RESEARCH APPROACH3 1.3STRUCTURE OF THE DISSERTATION3 2.THE WTO & FREE TRADE4 2.1CHAPTER INTRODUCTION4 2.2THE WTO4 2.2.1UNDERSTANDING THE WTO4 2.2.2THE STRUCTURE &WORKING OF THE WTO7 2.2.3SIGNIFICANCE OF JOINING THE WTO13 2.3CHAPTER CONCLUSION16 3.CHINA & THE WTO18 3.1CHAPTER INTRODUCTION18 3.2CHINA S LONG MARCH TO WTO MEMBERSHIP18 3.2.1PROLONGED DIFFICULTIES19 3.2.2FINAL ACCESSION21 3.3CHAPTER CONCLUSION22 4.METHODOLOGY23 4.1CHAPTER INTRODUCTION23 4.2OVERALL RESEARCH APPROACH23 4.2.1OBJECTIVITY, VALIDITY & [...]

Economic Impacts of China's Accession to the World Trade Organization

Elena Ianchovichina,Will Martin
Economic Impacts of China s Accession to the World Trade Organization Book PDF

Author : Elena Ianchovichina,Will Martin
Publisher : World Bank Publications
Page : 44 pages
File Size : 49,5 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 8210379456XXX

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Economic Impacts of China's Accession to the World Trade Organization by Elena Ianchovichina,Will Martin Pdf

Abstract: 1 billion) and trade reforms after accession will lead to additional gains of around : Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US.

The Employment Impact of China's WTO Accession

A. S. Bhalla,Shufang Qiu,S. Qiu
The Employment Impact of China s WTO Accession Book PDF

Author : A. S. Bhalla,Shufang Qiu,S. Qiu
Publisher : Routledge
Page : 331 pages
File Size : 50,8 Mb
Release : 2003-11-20
Category : Political Science
ISBN : 9781134394623

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The Employment Impact of China's WTO Accession by A. S. Bhalla,Shufang Qiu,S. Qiu Pdf

The book explores the macroeconomic and sectoral employment implications (in agriculture, industry and services) of China's World Trade Organisation accession. It argues that while short-run employment losses may occur, in the longer term China will be able to generate additional employment particularly in the tertiary sectors; and that it can maintain its comparative advantage in labour-intensive exports by relocating production from high-cost coastal areas to the hinterland with abundant supply of cheap labour. It also argues that, although China is likely to benefit in the long run, in the short and medium term China is likely to face enormous problems, including increased unemployment as weaker links cease to be protected by tariffs, and the problem of restructuring state-owned enterprises.

China's Accession to the World Trade Organization

Robert Ash,Heike Holbig
China s Accession to the World Trade Organization Book PDF

Author : Robert Ash,Heike Holbig
Publisher : Routledge
Page : 336 pages
File Size : 48,8 Mb
Release : 2013-04-03
Category : Business & Economics
ISBN : 9781136132186

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China's Accession to the World Trade Organization by Robert Ash,Heike Holbig Pdf

With China's accession to the World Trade Organization imminent, this book brings together the expert views of scholars, policy-makers and business representatives on the consequences of this historic event. Insight into the past and future of China's relationship to the WTO is offered by authors involved on both sides of the negotiations on the EU-China bilateral agreement of May 2000 and the on-going negotiations up to spring 2001. An analyst and representatives from four economic sectors (the automobile industry, telecommunications, insurance and banking) clash over their predictions for the future. Also presented is an investigation of the challenges for China's political, social and legal systems, and revealing prognoses are given for the implications for global trade and investment flows for the EU and Greater China, and for the modus operandi of the WTO itself. By shedding light on economic effects and social and legal implications, the book gives a comprehensive picture of potential challenges arising from China's entry to the WTO.

Economic Impacts of China's Accession to the World Trade Organization

Elena Ianchovichina,Will Martin
Economic Impacts of China s Accession to the World Trade Organization Book PDF

Author : Elena Ianchovichina,Will Martin
Publisher : World Bank Publications
Page : 44 pages
File Size : 44,6 Mb
Release : 2003
Category : Base Year
ISBN : UCSD:31822031148075

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Economic Impacts of China's Accession to the World Trade Organization by Elena Ianchovichina,Will Martin Pdf

Abstract: 1 billion) and trade reforms after accession will lead to additional gains of around : Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US.

The Impact of China's WTO Accession on East Asia

Elena Ianchovichina,Terrie Louise Walmsley
The Impact of China s WTO Accession on East Asia Book PDF

Author : Elena Ianchovichina,Terrie Louise Walmsley
Publisher : World Bank Publications
Page : 36 pages
File Size : 50,8 Mb
Release : 2003
Category : Capital
ISBN : 8210379456XXX

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The Impact of China's WTO Accession on East Asia by Elena Ianchovichina,Terrie Louise Walmsley Pdf

Abstract: China's World Trade Organization (WTO) accession will have major implications for China and present both opportunities and challenges for East Asia. Ianchovichina and Walmsley assess the possible channels through which China's accession to the WTO could affect East Asia and quantify these effects using a dynamic computable general equilibrium model. China will be the biggest beneficiary of accession, followed by the industrial and newly industrializing economies (NIEs) in East Asia. But their benefits are small relative to the size of their economies and to the vigorous growth projected to occur in the region over the next 10 years. By contrast, developing countries in East Asia are expected to incur small declines in real GDP and welfare as a result of China's accession, mainly because with the elimination of quotas on Chinese textile and apparel exports to industrial countries China will become a formidable competitor in areas in which these countries have comparative advantage. With WTO accession China will increase its demand for petrochemicals, electronics, machinery, and equipment from Japan and the NIEs, and farm, timber, energy products, and other manufactures from the developing countries in East Asia. New foreign investment is likely to flow into these expanding sectors. The overall impact on foreign investment is likely to be positive in the NIEs, but negative for the less developed East Asian countries as a result of the contraction of these economies' textile and apparel sector. As China becomes a more efficient supplier of services or a more efficient producer of high-end manufactures, its comparative advantage will shift into higher-end products. This is good news for the poor developing economies in East Asia, but it implies that the impact of China's WTO accession on the NIEs may change to include heightened competition in global markets. This paper"a product of the Economic Policy Division, Poverty Reduction and Economic Management Network"is part of a larger effort in the network to assess the impact of China's WTO accession.

China and the WTO

Petros C. Mavroidis,Andre Sapir
China and the WTO Book PDF

Author : Petros C. Mavroidis,Andre Sapir
Publisher : Princeton University Press
Page : 262 pages
File Size : 40,6 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"--.

Economic Impacts of China's Accession to the World Trade Organization

Will J. Martin
Economic Impacts of China s Accession to the World Trade Organization Book PDF

Author : Will J. Martin
Publisher : Unknown
Page : 38 pages
File Size : 49,6 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290704404

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Economic Impacts of China's Accession to the World Trade Organization by Will J. Martin Pdf

Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US$31 billion) and trade reforms after accession will lead to additional gains of around $US10 billion. Accession will have important distributional consequences for China, with wages of skilled workers and unskilled nonfarm workers rising in real terms and relative to farm incomes. Reduction in agricultural protection may hurt some farmers.Possible policy changes considered to offset these impacts include reductions in barriers to labor mobility and improvements in rural education. The authors estimate that the removal of the hukou system would raise farm wages and allow 28 million workers to migrate to nonfarm jobs. If, in addition, there is an increase in education spending that results in a percentage point increase in the annual skilled labor growth rate, approximately 32 million farm workers would leave their job for jobs in the nonfarm sectors. These policies would not only facilitate the evolution of China's economy toward high-technology manufacturing and services, they have the potential to much more than offset any negative impacts of accession on rural wages and rural incomes generally.This paper - a joint product of the Economic Policy Division, Poverty Reduction and Economic Management Network and Trade, Development Research Group - is part of a larger effort in the Bank to assess the impact of China's WTO accession.

China and the WTO - A Critical Analysis

Junzhai Ma
China and the WTO A Critical Analysis Book PDF

Author : Junzhai Ma
Publisher : GRIN Verlag
Page : 76 pages
File Size : 50,8 Mb
Release : 2012-11-30
Category : Business & Economics
ISBN : 9783656321279

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China and the WTO - A Critical Analysis by Junzhai Ma Pdf

Diploma Thesis from the year 2007 in the subject Economics - Case Scenarios, grade: 2.0, University of Tubingen, language: English, abstract: This paper gives an analysis of China’s entry process into the WTO and an assessment on China’s accession commitment. The most important aspect of China’s performance and implementation is then analysed. The paper researches the impact that the WTO membership has brought to China and the world. The impact on rule of law is researched and the impact on trade growth as well as employment are analysed.

The Impact of China's WTO Accession on East Asia

Elena Ianchovichina
The Impact of China s WTO Accession on East Asia Book PDF

Author : Elena Ianchovichina
Publisher : Unknown
Page : 28 pages
File Size : 40,7 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290704002

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The Impact of China's WTO Accession on East Asia by Elena Ianchovichina Pdf

China's World Trade Organization (WTO) accession will have major implications for China and present both opportunities and challenges for East Asia. Ianchovichina and Walmsley assess the possible channels through which China's accession to the WTO could affect East Asia and quantify these effects using a dynamic computable general equilibrium model. China will be the biggest beneficiary of accession, followed by the industrial and newly industrializing economies (NIEs) in East Asia. But their benefits are small relative to the size of their economies and to the vigorous growth projected to occur in the region over the next 10 years. By contrast, developing countries in East Asia are expected to incur small declines in real GDP and welfare as a result of China's accession, mainly because with the elimination of quotas on Chinese textile and apparel exports to industrial countries China will become a formidable competitor in areas in which these countries have comparative advantage.With WTO accession China will increase its demand for petrochemicals, electronics, machinery, and equipment from Japan and the NIEs, and farm, timber, energy products, and other manufactures from the developing countries in East Asia. New foreign investment is likely to flow into these expanding sectors. The overall impact on foreign investment is likely to be positive in the NIEs, but negative for the less developed East Asian countries as a result of the contraction of these economies' textile and apparel sector. As China becomes a more efficient supplier of services or a more efficient producer of high-end manufactures, its comparative advantage will shift into higher-end products. This is good news for the poor developing economies in East Asia, but it implies that the impact of China's WTO accession on the NIEs may change to include heightened competition in global markets.This paper - a product of the Economic Policy Division, Poverty Reduction and Economic Management Network - is part of a larger effort in the network to assess the impact of China's WTO accession.

China's WTO Accession and the Impact on Its Large Manufacturing Enterprises

Guy Shaojia Liu
China s WTO Accession and the Impact on Its Large Manufacturing Enterprises Book PDF

Author : Guy Shaojia Liu
Publisher : World Scientific
Page : 82 pages
File Size : 47,8 Mb
Release : 2001
Category : Political Science
ISBN : 981024584X

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China's WTO Accession and the Impact on Its Large Manufacturing Enterprises by Guy Shaojia Liu Pdf

The greatest success of Chinese enterprise reform has been the creation of market competition. Competition has forced the state to retreat from non-strategic sectors and increased private ownership in the industry. This development has created ownership diversification in the Chinese industry, which is in line with the leadership's 2-R (?Retreat and Retain?) enterprise reform policy. The ownership diversification is a distinction of the reformed economy, called ?a socialist economy with Chinese characteristics?. The backbone of the economy is the large state firms in strategic sectors, largely shielded from international competition, in which most of them have been coping well with the domestically competitive environment. After China's entry to the WTO, can these firms still maintain their market dominance once all forms of protection are dismantled? Are Chinese firms ready for direct competition with their foreign rivals in the manufacturing sector? Will FAW, China's No. 1 state-owned automotive corporation, be defeated on its home ground by its foreign rivals in a freely accessed market? The core of these questions is about the sustainability of diversified ownership in the economy after it is integrated with the world trading system. Who will dominate the Chinese industry after the WTO entry: foreign or private ownership? The question is addressed by applying the market structure and entry theory of industrial economics, since WTO accession will basically result in change in both the market type and the market structure of the industry. Based on this, the study developed the market share testing theory to assess the competitiveness of dominant incumbents according to the type of market. The overall finding is that most large state incumbents will survive but their survival strategy will be changed from single ownership control to mixed ownership control. Thus, it is expected that more joint ventures between foreign and large state-owned firms will emerge in the post-WTO-entry economy. But whether such firms will evolve into foreign-controlled state-owned firms is an interesting question which remains to be answered.

Trade Liberalization in China's Accession to the World Trade Organization

Elena Ianchovichina,Will Martin
Trade Liberalization in China s Accession to the World Trade Organization Book PDF

Author : Elena Ianchovichina,Will Martin
Publisher : World Bank Publications
Page : 44 pages
File Size : 40,7 Mb
Release : 2001
Category : Apertura economica - China
ISBN : 8210379456XXX

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Trade Liberalization in China's Accession to the World Trade Organization by Elena Ianchovichina,Will Martin Pdf

China's forthcoming access to the World Trade Organization involves reform in many sectors, both domestic and trade-related. The starting point for reform is a partially reformed economy with relatively high import duties, in which export sectors benefit from liberal duty exemptions on inputs. Both China and its major trading partners will gain from access - with China gaining most (perhaps half of the estimated $56 billion in annual welfare gains). Some developing countries will suffer small losses because of increased competition from China. The adjustments required are greatly reduced by China's dramatic liberalization in the 1990s.

China's Growing Role in World Trade

Robert C. Feenstra
China s Growing Role in World Trade Book PDF

Author : Robert C. Feenstra
Publisher : University of Chicago Press
Page : 603 pages
File Size : 44,5 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.