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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

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"--.

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

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"--.

China's Strategic Multilateralism

China's Strategic Multilateralism PDF Author: Scott L. Kastner
Publisher: Cambridge University Press
ISBN: 1108429505
Category : Business & Economics
Languages : en
Pages : 277

Book Description
Applying insights from cutting-edge theories of international cooperation, this study brings new understanding to China's approach to contemporary global challenges.

Global China

Global China PDF Author: Tarun Chhabra
Publisher: Brookings Institution Press
ISBN: 0815739176
Category : Political Science
Languages : en
Pages : 430

Book Description
The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.

China Engages Global Governance

China Engages Global Governance PDF Author: Gerald Chan
Publisher: Routledge
ISBN: 1135449988
Category : Political Science
Languages : en
Pages : 291

Book Description
This book focuses on China’s increasing involvement in global governance as a result of the phenomenal rise of its economy and global power. It examines whether and in what ways China is capable of participating in multilateral interactions; if it is willing and able to provide global public goods to address a wide array of global problems; and what impact this would have on both global governance and order. The book provides a comprehensive assessment of China’s increasing influence over how world affairs are being managed; how far China, with increasing clout, interacts with other major powers in global governance, and what the consequences and implications are for the evolving global system and world order. This book is the first to explore China’s engagement with global governance in traditional and new securities.

Chinas new multilateralism in a globalized world

Chinas new multilateralism in a globalized world PDF Author: Robert Fiedler
Publisher: GRIN Verlag
ISBN: 3640784227
Category : Political Science
Languages : en
Pages : 15

Book Description
Essay from the year 2008 in the subject Politics - Region: Other States, grade: 1,8, Macquarie University, language: English, abstract: During the last two decades China gained rising influence in the international environment. Since this rise is observed by many countries with concerns, Chinese politicians are eager to promote a “less confrontational, more sophisticated, more confident, and at times, more constructive approach towards regional and global affairs” (Medeiros & Fravel, 2003). In other words, China faces the difficulty to become a powerful player in the international system on the one side and to calm the concerns of other nations at the same time on the other side. Therefore, Chinese politicians recognized the importance of multilateral cooperative mechanisms and the shortcoming of bilateral or unilateral approaches to deal with international issues (Wang, 2000, p. 479). Therefore it is not surprisingly that Beijing increased its efforts to participate in international multilateral institutions in order to create win-win situations (Mingquan, 2005). However, in contrast to many western approaches to multilateralism, China emphasizes the principle of sovereignty and non-interference in domestic issues by demanding the acceptance of different political, military and economic domestic systems (Wang, 2000, p. 479). This evolution of foreign policy also accompanies the growing of power and influence and therefore advanced capabilities to safeguard national interests in international relations. Since the security challenges in a post Cold-War era have broadened, the upcoming “great power” China (Kim, 2003, p. 37) extended its engagement in international institutions and multilateral agreements. Hence, in the following this paper will argue that China’s new multilateralism is subordinated to Beijing’s security interests in a changing globalized world. In order to support this thesis, central multilateral engagements will be analyzed and it will be argued that China’s new approach to international relations utilizes multilateral arrangements to pursue a cooperative security concept which aims at stabilizing of the regional and international environment as well as the combat against new security threats. On the other hand, it will be argued that Beijing’s engagement in multilateral bodies aims at the provision of economic security and therefore is significant contribution to secure and stabilize the ongoing rise of the fastest growing economy in the world. Furthermore this paper will analyze underlying incentives for Beijing’s engagement in these multilateral bodies.

Institutional Balancing in the Asia Pacific

Institutional Balancing in the Asia Pacific PDF Author: Kai He
Publisher: Taylor & Francis US
ISBN: 041546952X
Category : Political Science
Languages : en
Pages : 224

Book Description
This book examines the strategic interactions among China, the United States, Japan, and Southeast Asian States in the context of China’s rise and globalization after the cold war. Engaging the mainstream theoretical debates in international relations, the author introduces a new theoretical framework—institutional realism—to explain the institutionalization of world politics in the Asia-Pacific after the cold war. Institutional realism suggests that deepening economic interdependence creates a condition under which states are more likely to conduct a new balancing strategy—institutional balancing, i.e., countering pressures or threats through initiating, utilizing, and dominating multilateral institutions—to pursue security under anarchy. To test the validity of institutional realism, Kai He examines the foreign policies of the U.S., Japan, the ASEAN states, and China toward four major multilateral institutions, Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian Nations (ASEAN) Regional Forum (ARF), ASEAN Plus Three (APT), and East Asian Summit (EAS). Challenging the popular pessimistic view regarding China’s rise, the book concludes that economic interdependence and structural constraints may well soften the "dragon’s teeth." China’s rise does not mean a dark future for the region. Institutional Balancing in the Asia Pacificwill be of great interest to policy makers and scholars of Asian security, international relations, Chinese foreign policy, and U.S. foreign policy.

China and Global Trade Governance

China and Global Trade Governance PDF Author: Ka Zeng
Publisher: Routledge
ISBN: 1136161821
Category : Political Science
Languages : en
Pages : 332

Book Description
China's historic accession to the World Trade Organization (WTO) in November 2001 not only represents an important milestone in the country’s transition to a market economy and integration into the global economy, but is also among the most important events in the history of the WTO and the multilateral trading system. China and Global Trade Governance: China's First Decade in the World Trade Organization provides us with some fresh empirical data to assess the country’s behaviour in the liberal international economic regime. Such an assessment is both timely and necessary as it can help us better understand China’s role in the evolving structure of global economic governance, in addition to shedding light on the broader debate about the implications of the rise of China for the international system. Through a thorough examination of China’s WTO compliance record and its experience in multilateral trade negotiations, this book seeks to better understand the sources of constraints on China’s behaviour in the multilateral trade institution as well as the country’s influence on the efficacy of the World Trade Organization. In doing so, this project speaks directly to the following questions raised by China’s unprecedented ascent in the international system: Is China a rule maker, rule follower, or rule breaker in international regimes? Is Beijing a responsible stakeholder capable of making positive contributions to global trade governance in the long-term?

A New Multilateralism for the 21st Century

A New Multilateralism for the 21st Century PDF Author: Ms.Christine Lagarde
Publisher: International Monetary Fund
ISBN: 1513598600
Category : Business & Economics
Languages : en
Pages : 16

Book Description
This chapter presents the content of the Richard Dimbleby lecture, which has been delivered by an influential business or a political figure every year since 1972. Christine Lagarde, Managing Director of the IMF, delivered the 2014 lecture at Guildhall in London on February 3. The 44 nations gathering at Bretton Woods have been determined to set a new course based on the principle that peace and prosperity flow from the font of cooperation. Fundamentally, the new multilateralism needs to instil a broader sense of social responsibility on the part of all players in the modern global economy. A renewed commitment to openness and to the mutual benefits of trade and foreign investment is requested. It also requires collective responsibility for managing an international monetary system that has travelled light-years since the old Bretton Woods system. The collective responsibility would translate into all monetary institutions cooperating closely mindful of the potential impact of their policies on others.

How China's Silk Road Initiative is Changing the Global Economic Landscape

How China's Silk Road Initiative is Changing the Global Economic Landscape PDF Author: Yuan Li
Publisher: Routledge
ISBN: 0429848005
Category : Social Science
Languages : en
Pages : 304

Book Description
China’s New Silk Road initiative constitutes one of the most ambitious projects in recent decades designed to change the pattern of the global economic division of labour as well as the geostrategic balance of power. It has the potential to create a new fabric of industrial value creation that links China and East Asia via Central and South Asia with Europe, and to forge new regional and multilateral institutions that complement or compete with existing regional and global governance systems. First proposed in 2013, the new initiative is only now starting to be rolled-out, with trade relations gradually intensifying, and the first investment projects and infrastructure clusters becoming manifest. However, the full impact of the evolving new regional value chains on global goods flows, investment activity, supra-national institution building, as well as their wider international implications, remains undetermined. This book brings together leading scholars from economics, political science and area studies, who present the latest cutting-edge knowledge and the latest state-of-the-art economic and political analysis on how the new initiative is developing and likely to develop.

Globalizing Patient Capital

Globalizing Patient Capital PDF Author: Stephen B. Kaplan
Publisher: Cambridge University Press
ISBN: 110718231X
Category : Business & Economics
Languages : en
Pages : 411

Book Description
Examines China's overseas financial investments in the developing world, and its impact on national economic policymaking in the Americas.