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Full Description
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.
Contents
Preface Part I Stakes and Stumbling Blocks in the Process of China's WTO Accession 1 The EU-China Negotiations: Breaking the Deadlock 2 China's Stakes in WTO Accession: The Internal Decision-making Process Part II The Challenge of International Competition to China's Economy 3 China and the WTO: The Challenge for China's Large-scale Industry 4 The Automobile Sector 5 The Telecommunications Sector 6 The Insurance Sector 7 The Banking and Securities Sector Part III Challenges for China's Political, Social, and Legal System 8 The Evolution of China's Political System: New Rules for Communist Party Rule? 9 Will WTO Accession Threaten China's Social Stability? 10 Enhancing China's Rule of Law Part IV Implications for International Trade 11 The Impact of China's WTO Accession on International Trade and Capital Flows 12 The Impact of China's WTO Accession on EU Trade 13 The Implications of China's WTO Accession for the Economies of Taiwan, Hong Kong and Macau 14 China's Future Role in the WTO: 'Developing Country', 'Regional Economic Power', 'New Economic Superpower'?
