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Cambridge International Trade and Economic Law Ser.: Between Market Economy and State Capitalism : Chinas State-Owned Enterprises and the World Trading System by Weihuan Zhou and Henry Gao (2024, Trade Paperback)

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This book challenges this conventional wisdom. This book also discusses the reasons for the lack of usage of these rules and provides concrete policy suggestions on how the rules may be better utilized, as well as how to conduct constructive negotiations on new rules in the WTO and beyond.

About this product

Product Identifiers

PublisherCambridge University Press

ISBN-101108828493

ISBN-139781108828499

eBay Product ID (ePID)20071625695

Product Key Features

Number of Pages223 Pages

LanguageEnglish

Publication NameBetween Market Economy and State Capitalism : Chinas State-Owned Enterprises and the World Trading System

Publication Year2024

SubjectGeneral, International

TypeTextbook

Subject AreaLaw

AuthorWeihuan Zhou, Henry Gao

SeriesCambridge International Trade and Economic Law Ser.

FormatTrade Paperback

Dimensions

Item Height0.5 in

Item Length9 in

Item Width6 in

Additional Product Features

Intended AudienceCollege Audience

LCCN2022-045399

Reviews'Henry Gao and Weihuan Zhou have done the nearly impossible--unpacked the relationship between the triumph of China and the decline of the WTO while presenting a compelling challenge to the conventional wisdom that WTO rules are inadequate to address Chinese state capitalism. A must read for those looking to understand how China's economic model impacts the world and its trading system.' Jennifer Hillman, Co-Director of Center of Inclusive Trade and Development and Professor from Practice, Georgetown University Law Center, 'This is a very useful contribution destined for all students and practitioners of international trade. The authors address the core question that has been recently plaguing the world trading regime, namely, to what extent the regime choice is prejudged by the letter and the spirit of the current multilateral disciplines. It is no exaggeration that that the future policy relevance of the WTO hinges on the response to this question.' Petros C. Mavroidis, Edwin B. Parker Professor of Foreign & Comparative Law, Columbia Law School, New York City

Dewey Edition23/eng/20221201

IllustratedYes

Dewey Decimal343.08/7

Table Of Content1. China, state capitalism and the World Trading System; 2. The evolution of China's reforms of State-Owned Enterprises (1978-2020); 3. State capitalism in China's accession to the WTO: concerns and solutions; 4. The limits of general WTO rules; 5. The potential of WTO rules on industrial subsidies and China-specific obligations; 6. Emerging approaches to regulating State-Owned Enterprises: the comprehensive and progressive agreement for Trans-Pacific Partnership (CPTPP) and Post-CPTPP free trade agreements; 7. Tackling China's state capitalism: WTO litigation and trade negotiation; 8. Conclusion: the potential of multilateralism.

SynopsisOne major issue facing the world trading system today is how to deal with the challenge of China's state capitalism. Many commentators believe that the existing WTO rules are insufficient and, thus new rules are needed. This book challenges this conventional wisdom. Through meticulous studies and fresh analysis of the commitments in China's WTO accession package, existing rules on state capitalism in WTO agreements and recent attempts to make new rules on these issues at the bilateral, regional and multilateral levels, this book argues that existing WTO rules, especially those on subsidies, coupled with China-specific rules in its accession protocol, do provide feasible tools to counter China's state capitalism. This book also discusses the reasons for the lack of usage of these rules and provides concrete policy suggestions on how the rules may be better utilized, as well as how to conduct constructive negotiations on new rules in the WTO and beyond., This book is a valuable source for research and teaching on the nexus between international trade law and China's state capitalism. It provides fresh insights and practical solutions for policymakers and practitioners on key issues concerning state-owned enterprises, subsidies and beyond.

LC Classification NumberK4610.G36 2023