A Chinese Perspective on WTO Reform

A Chinese Perspective on WTO Reform PDF Author: Lei Zhang
Publisher: Springer Nature
ISBN: 9811982309
Category : Law
Languages : en
Pages : 192

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Book Description
This book discusses the most recent developments in the WTO regime. Issues such as E-commerce, security exception clause, China's compliance with the WTO obligations, sustainability development, IP protection in FTZs, trade controls and etc., are at the forefront of WTO studies. These issues strongly influence people's understanding of the current role of WTO and provides possible way to revitalize the function of WTO. Meanwhile, as the world's second largest economy, the world's largest trading nation and the holder of the world's largest foreign exchange reserves, China is apparently a powerful figure in leading these issues. Therefore, this book explores extensively these issues from a Chinese perspective to see what China could do to reboost the world trade.

A Chinese Perspective on WTO Reform

A Chinese Perspective on WTO Reform PDF Author: Lei Zhang
Publisher: Springer Nature
ISBN: 9811982309
Category : Law
Languages : en
Pages : 192

Get Book

Book Description
This book discusses the most recent developments in the WTO regime. Issues such as E-commerce, security exception clause, China's compliance with the WTO obligations, sustainability development, IP protection in FTZs, trade controls and etc., are at the forefront of WTO studies. These issues strongly influence people's understanding of the current role of WTO and provides possible way to revitalize the function of WTO. Meanwhile, as the world's second largest economy, the world's largest trading nation and the holder of the world's largest foreign exchange reserves, China is apparently a powerful figure in leading these issues. Therefore, this book explores extensively these issues from a Chinese perspective to see what China could do to reboost the world trade.

China and the WTO

China and the WTO PDF Author: Petros C. Mavroidis
Publisher: Princeton University Press
ISBN: 0691206597
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
"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"--.

The State Strikes Back

The State Strikes Back PDF Author: Nicholas R. Lardy
Publisher: Peterson Institute for International Economics
ISBN: 0881327387
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.

China and the WTO

China and the WTO PDF Author: Deepak Bhattasali
Publisher: World Bank Publications
ISBN: 082138371X
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
China's accession to the WTO requires a great many specific policy reforms. However, if the best results are to be obtained, it is important that these reforms be implemented as part of a consistent development program, rather than simply by treating them as a recipe. To do this, policy makers must understand the range and nature of the policy changes required by accession, their implications for the economy, and the availability and effects of supporting policies. 'China and the WTO' analyzes the nature of the reforms involved in China's accession to the WTO, assesses their implications for the world economy, and examines the implications for individual households, particularly the poor. Its key objective is to provide the information that will allow policy makers to implement WTO commitments and formulate supporting policies to contribute strongly to economic development and poverty reduction. Individual chapters by leading scholars analyze the nature of the reforms in key areas, such as agriculture, services, intellectual property and safeguards and anti-dumping. These chapters form the building blocks for later chapters which analyze the implications of reform for the economy. The book also includes a series of studies that assess the implications for households, taking into account the social safety net policies applying in China, and the impacts of complementary policies in areas such as labor market reform and investments in human capital. Of interest to policymakers, academe and students studying international trade issues and to practitioners in the area of trade and development, 'China and the WTO' is a valuable addition to the wealth of information provided by the World Bank Trade and Development Series.

The Fundamental Dynamic Effect on Reform and Opening in China

The Fundamental Dynamic Effect on Reform and Opening in China PDF Author: SHAO Binhong
Publisher: BRILL
ISBN: 9004417222
Category : Political Science
Languages : en
Pages : 381

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Book Description
This volume is divided into: World and China Economy, Chinese Diplomacy, International Strategies. In an era when world order is undergoing reformations, it provides scholars in the English-speaking world with a window to understand the perspectives of the Chinese academia.

China in the World Trade Organization. Fulfillment of Investment-Related Reform Commitments as per WTO Accession Protocol

China in the World Trade Organization. Fulfillment of Investment-Related Reform Commitments as per WTO Accession Protocol PDF Author: Lukas Lindemann
Publisher: GRIN Verlag
ISBN: 334618952X
Category : Business & Economics
Languages : en
Pages : 44

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Book Description
Project Report from the year 2020 in the subject Economics - International Economic Relations, grade: 1,0, Carl von Ossietzky University of Oldenburg, course: China in the World Economy, language: English, abstract: The paper examines whether China fulfilled its reform commitments as set out in the WTO Accession Protocol for China and its appendixes. The paper focuses on investment-related reform commitments (non-discrimination/national treatment, forced technology transfers, intellectual property regime, SOEs and subsidies). China has been exposed to criticism that the requirements and obligations set out in the WTO protocol have not been fully met. China has faced backlash for the unequal treatment of foreign companies compared to domestic companies, for instance regarding market entry conditions, forced transfers of technology and know-how, the protection of intellectual property rights, the award of contracts in public tender procedures and access to financing. The People’s Republic of China was also accused of strong state intervention and SOE subsidies to enable highly competitive prices in global trade, for example causing dumping prices. Arguably, this public opinion has gained even more traction due to the ongoing US-China trade war, with US-American punitive tariffs on Chinese exports exceeding US$ 500bn by 2020.

The Politics of China's Accession to the World Trade Organization

The Politics of China's Accession to the World Trade Organization PDF Author: Hui Feng
Publisher: Taylor & Francis
ISBN: 9780415369213
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Grounded on a series of first-hand interviews with Chinese government officials, this book examines China's accession to the World Trade Organization, providing an 'inside' look at Chinese WTO accession negotiations. Presenting a systematic political economy model in analyzing Beijing's decision-making mechanisms, the book argues that China's WTO policy making is a state-led, leadership driven, and top-down process. Feng explores how China's determined political elite partly bypassed and partly restructured a largely reluctant and resistant bureaucracy, under constant pressure from an increasingly globalized international system. By addressing China's accession to the WTO from a political analysis perspective, the book provides a theoretically informed and intriguing examination of China's foreign economic policy making regime. The book highlights contemporary debates relating to state and institutionalist theory and provides new and useful insights into a significant development of this century.

China and the WTO

China and the WTO PDF Author: Henry Gao
Publisher: Cambridge University Press
ISBN: 1009291815
Category : Law
Languages : en
Pages : 571

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Book Description
This book provides an original systematic assessment of China's twenty years in the WTO. Combining insights from law, economics, political science, and international relations, it offers rich, multifaceted analyses of the opportunities and challenges China presents to the world trading system and the responses from other WTO Members. This title is also available as Open Access on Cambridge Core.

China’s 40 Years of Reform and Development: 1978–2018

China’s 40 Years of Reform and Development: 1978–2018 PDF Author: Ross Garnaut
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709

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Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.

Disaggregating China, Inc.

Disaggregating China, Inc. PDF Author: Yeling Tan
Publisher: Cornell University Press
ISBN: 1501759655
Category : History
Languages : en
Pages : 238

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Book Description
Set in the aftermath of China's entry into the World Trade Organization, Disaggregating China, Inc. questions the extent to which the liberal internationalist promise of membership has been fulfilled in China. Yeling Tan unpacks the policies that various Chinese government actors adopted in response to WTO rules and shows that rather than disciplining the state, WTO entry provoked a divergence of policy responses across different parts of the complex party-state. Tan argues that these responses draw from three competing strategies of economic governance: market-substituting (directive), market-shaping (developmental), and market-enhancing (regulatory). She uses innovative web-scraping techniques to assemble an original dataset of over 43,000 Chinese industry regulations, identifying policies associated with each strategy. Combining textual analysis with industry data, in-depth case studies, and field interviews with industry representatives and government officials, Tan demonstrates that different Chinese state actors adopted different logics of adjustment to respond to the common shock of WTO accession. This policy divergence originated from a combination of international and domestic forces. Disaggregating China, Inc. breaks open the black box of the Chinese state, explaining why WTO rules, usually thought to commit states to international norms, instead provoked responses that the architects of those rules neither expected nor wanted.