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Global Value Chains (GVCs) rely on division of labor within and beyond borders to minimize production costs and build regional and global value chains. Since starting its economic reform four decades ago, China has been highly successful in integrating its economy into regional and global value...
Persistent link: https://www.econbiz.de/10013241048
Being a small country with one of the highest trade-to-GDP ratios in the world, Singapore faced seemingly insurmountable challenges at the onset of the COVID-19 pandemic. As countries around the world scrambled to fight the pandemic, they imposed restrictions on exports and imports, suspended...
Persistent link: https://www.econbiz.de/10013244497
Despite being the largest free trade agreement (FTA) in the world, the Regional Comprehensive Economic Partnership (RCEP) is often criticized as a shallow FTA. In this essay, however, we contend that the RCEP is better understood in the context of the great power rivalry between the United...
Persistent link: https://www.econbiz.de/10013248946
While the GATS, in its current form, is not well suited to the regulation of Internet, it has the potential to keep up with the regulatory task. However, to make this happen, we will need new approaches in dealing with Internet services, especially on key issues such as classifications,...
Persistent link: https://www.econbiz.de/10013211096
This paper examines the legal rules in the investment chapter in the Regional Comprehensive Economic Partnership (RCEP). It starts with an overview and summary of the main provisions in the chapter, followed by an assessment of the rules by comparing established free trade agreements (FTAs),...
Persistent link: https://www.econbiz.de/10014244463
To many observers, a major challenge raised by China's accession to the WTO is whether the WTO dispute settlement system could cope with China, one of the major traders in the world with an economy that is halfway between a planned economy and a market economy. In this article, the author tries...
Persistent link: https://www.econbiz.de/10014220146
While there has been an extensive literature on the challenge procedure of the WTO Government Procurement Agreement (GPA) in general, as well as excellent country studies on the operation of the national challenge procedures of several key GPA Members, no such study has been conducted for Hong...
Persistent link: https://www.econbiz.de/10014224769
Since the World Trade Organization (WTO) was established, China has made large-scale efforts to shape its trade remedy system through legal and organizational changes. Through these changes, China could clarify the meanings of WTO anti-dumping provisions including the provision relating to the...
Persistent link: https://www.econbiz.de/10014053053
On 10 November 2001, China finally acceded to the World Trade Organization (WTO) after a marathon negotiation spanning 15 years. China's membership in the WTO raises interesting questions for both the WTO and China. For the WTO, the question is how to deal with China a huge country of growing...
Persistent link: https://www.econbiz.de/10014053256
This article reviews the evolution of rules on digital trade in US FTAs, and argues that the US approach has shifted from treating it largely as a traditional trade issue to recognizing its unique digital nature and tailoring the rules accordingly, as it has done in the Trans-Pacific Partnership...
Persistent link: https://www.econbiz.de/10014034029