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china regional comprehensive economic partnership: Economic Integration in Asia Deeparghya Mukherjee, 2019-01-14 The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration. |
china regional comprehensive economic partnership: New Asian Regionalism in International Economic Law Pasha L. Hsieh, 2021-12-16 Provides the first systematic analysis of new Asian regionalism as a paradigm shift in international economic law. |
china regional comprehensive economic partnership: Dilemmas of a Trading Nation Mireya Solis, 2017-08-01 The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas. |
china regional comprehensive economic partnership: An Inquiry Into the Nature and Causes of the Wealth of Nations Adam Smith, 1822 |
china regional comprehensive economic partnership: Free Trade Agreements Lillian Corbin, Mark Perry, 2018-10-29 This book brings together international perspectives on free trade issues that affect civil society from the general populace to the governments of nations, and is relevant not only for lawyers, but also policymakers, international actors and businesses, as well as those with a general interest in free trade agreements. The book examines the manifestation of the concept of free trade in agreements, such as the Trans-Pacific Partnership (TPP), Regional Comprehensive Economic Partnership (RCEP), and China-Australia Free Trade Agreement (ChAFTA). It asks whether such agreements are entered into for the purposes of enhancing trading relationships between partner nations, strengthening commercial ties, and fostering economic growth; or are they sometimes used merely for local political outcomes of the most influential nations. |
china regional comprehensive economic partnership: China-US Trade War and Trade Talk Miaojie Yu, 2020-05-26 This book focuses on the current tension between China and the US on trade imbalance and discusses China’s opening-up strategy in the context of this trade conflict. The book is divided into two parts. In the first part, the author presents a detailed analysis of the current state of the China-US trade relationship and describes the potential impacts of China-US trade conflicts. The topics covered in this section include the re-estimate of US trade deficit with China, China’s non-market economy status, the impact of China-US bilateral investment treaties on China’s manufacturing sectors, and the estimated welfare losses and gains resulting from the China-US trade war. Part II explores China’s possible response and development strategy in the context of de-globalization. Based on an overview of China’s three stages of economic reform and opening-up policy in the past four decades, the author discusses the future tasks that would move the country into a new stage of all-round opening up. Lastly, the book comprehensively reviews the role of processing trade, trade liberalization, and firm performance in promoting China’s miraculous economic growth so as to foster a better understanding of China’s experience of opening up over the past 4 decades. |
china regional comprehensive economic partnership: China 2049 David Dollar, Yiping Huang, Yang Yao, 2020-06-09 How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world. |
china regional comprehensive economic partnership: New Regional Initiatives in China’s Foreign Policy Matteo Dian, Silvia Menegazzi, 2018-02-28 This book offers a theoretically informed study of recent Chinese initiatives to provide forms of regional economic governance; or as it is often termed in Chinese discourses, regional “public goods”. It does so by considering the evolution of Chinese thinking on international relations and the global order, and by considering how the development of the Asian Infrastructure Investment Bank, the Belt and Road Initiative, and the putative Regional Comprehensive Economic Partnership reflect this change in thinking – and the change in both Chinese objectives and tactics. |
china regional comprehensive economic partnership: China-asean Relations: Economic And Legal Dimensions Huaqun Zeng, John Wong, Keyuan Zou, 2006-03-15 With China's dynamic economic growth, its relations with the Association of Southeast Asian Nations (ASEAN) states have expanded rapidly in recent years, culminating in the conclusion of the landmark China-ASEAN Comprehensive Economic Cooperation Agreement in 2002. Beyond trade and economic activities, China-ASEAN cooperation has broadened to cover the environment, science and technology, non-traditional security areas and related legal issues. China's relations with ASEAN have reached a new era where the two sides have established an economic, legal and political framework for their comprehensive cooperation.This book provides a comprehensive overview of China-ASEAN relations from economic, legal and political perspectives and examines various important topics related to non-traditional security issues, free trade zone and regional economic integration, border trade and environmental issues, and maritime security. |
china regional comprehensive economic partnership: Transition and Opportunity Huiyao Wang, Lu Miao, 2022 This book is open access under a CC BY-NC-ND 4.0 license. Multinational corporations (MNCs) have long played a crucial role in the Chinese economy. This role is one that is set to continue in the post-pandemic era as China works to transit to a high-quality growth model that is more sustainable and innovation-driven. With global experience and front-line involvement in some of the most pressing economic, technological, and environmental issues of our day, leading figures in MNCs and chambers of commerce are well placed to share insights that could potentially contribute to policymaking and development strategies so that everyone can “make the most” of China’s future. This collection of essay aims to share these invaluable insights with a wider audience, offering balanced and diverse perspectives from companies and advocacy groups working on a range of issues related to China’s domestic development, international economic cooperation, and China-US competition. These insights are useful not only for the wider business community, but also for academics, policymakers, students, and anyone trying to deepen their understanding of this exciting period of “transition and opportunity,” and make the most of China’s bright future. . |
china regional comprehensive economic partnership: China's International Investment Strategy Julien Chaisse, 2019 This book explores the three tracks of China's investment policy and strategy: bilateral agreements, regional agreements, and global initiatives. Its overarching topic is whether these three tracks compete with or complement one another - a question of profound importance for China's political and economic future and world investment governance. |
china regional comprehensive economic partnership: The Comprehensive and Progressive Agreement for Trans-Pacific Partnership Cassey Lee, Pritish Bhattacharya , 2021-01-15 The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving major countries across the Asia Pacific region. The trade pact, which entered into force on 30 December 2018, is considered by many to be the “gold standard”, given its ambitious scope and depth. This volume offers multi-dimensional insights into the CPTPP and its impact on Southeast Asia. It begins with broad analyses covering the historical, economic and geopolitical aspects of the CPTPP. Subsequent chapters focus on the nature and implications of three key path-breaking provisions in the trade agreement, namely investor-state dispute settlement, intellectual property rights and state-owned enterprises. The effect of the CPTPP on Southeast Asia in terms of regional production networks is also examined from the perspective of Japanese multinational enterprises. The potential economic impact of the agreement is analysed for member countries (Vietnam and Malaysia) as well as countries that aspire to join the CPTPP in the future (Indonesia and Thailand). The world trading system is in disarray: the World Trade Organization has been weakened, perhaps terminally; the world’s two economic superpowers are locked in deep, politicized disputes; the forces of populism and nationalism are everywhere complicating the return to a more liberal, rules-based order. These trends are challenging one of the building blocks of ASEAN economic development, namely these countries’ outward-looking trade and investment policies. With impeccable timing this important volume by a group of eminent authors assesses these issues with reference to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The CPTPP excludes the three largest traders—China, the EU and the US—but it is a welcome second-best initiative that may have broader, positive ripple effects. This is the volume to read to gain a deeper understanding of the many complex issues at play. -- Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, College of Asia & the Pacific, Australian National University |
china regional comprehensive economic partnership: China and East Asian Economic Integration Sarah Yueting Tong, Tuan Yuen Kong, 2020 Introduction -- ch. 1. China and East Asia production network -- ch. 2. The internationalisation of China's Renminbi -- ch. 3. The internationalisation of Chinese enterprises -- ch. 4. Cross-strait economic relations: Taiwan's perspective -- ch. 5. CEPA and Mainland-Hong Kong's economic relations --ch. 6. China-Asean economic relations remain resilient despite rising challenges -- ch. 7. Ever-bonding Sino-Korean economic relationship but questionable contribution to regional integration -- ch. 8. China and Japan: great economic integration without a bilateral free trade agreement -- ch. 9. The political economy of East Asia economic integration. |
china regional comprehensive economic partnership: The Pivot Kurt Campbell, 2016-06-07 From former assistant secretary of state Kurt M. Campbell comes the definitive analysis and explanation of the new major shift in American foreign policy, its interests and assets, to Asia. There is a quiet drama playing out in American foreign policy far from the dark contours of upheaval in the Middle East and South Asia and the hovering drone attacks of the war on terror. The United States is in the midst of a substantial and long-term national project, which is proceeding in fits and starts, to reorient its foreign policy to the East. The central tenet of this policy shift, aka the Pivot, is that the United States will need to do more with and in the Asia-Pacific hemisphere to help revitalize its own economy, to realize the full potential of the region's dramatic innovation, and to keep the peace in the world's most dynamic region where the lion's share of the history of the twenty-first century will be written. This book is about a necessary course correction for American diplomacy, commercial engagement, and military innovation during a time of unrelenting and largely unrewarding conflict. While the United States has intensified its focus on the Asia-Pacific arena relative to previous administrations, much more remains to be done. The Pivot is about that future. It explores how the United States should construct a strategy that will position it to maneuver across the East and offers a clarion call for cunning, dexterity, and ingenuity in the period ahead for American statecraft in the Asia-Pacific region. |
china regional comprehensive economic partnership: Global China Tarun Chhabra, Rush Doshi, Ryan Hass, 2021-06-22 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 regional comprehensive economic partnership: Does ASEAN Matter? Marty Natalegawa, 2018-07-16 Written by the highly regarded diplomat Marty Natalegawa, former ambassador and foreign minister of Indonesia, this book offers a unique insider-perspective on the present and future relevance of ASEAN. It is about ASEAN’s quest for security and prosperity in a region marked by complex dynamics of power. Namely, the interplay of relations and interests among countries — large and small — which provide the settings within which ASEAN must deliver on its much-cited leadership and centrality in the region. The book seeks to answer the following questions: How can ASEAN build upon its past contributions to the peace, security and prosperity of Southeast Asia, to the wider East Asia, the Asia-Pacific and the Indo-Pacific regions? More fundamentally and a sine qua non, how can ASEAN continue to ensure that peace, security and prosperity prevail in Southeast Asia? And, equally central, how can ASEAN become more relevant to the peoples of ASEAN, such that its contributions can be genuinely felt in making better the lives of its citizens? |
china regional comprehensive economic partnership: ASEAN Economic Community and Beyond Sanchita Basu Das, 2016-04-29 The year 2015 has special significance for regional economic integration. The ASEAN Community, integrating the political, economic and social aspects of regional cooperation, will complete its first milestone by December 2015. Expectations of tangible benefits under an ASEAN Economic Community have attracted much attention though many of the initiatives will be realized post-2015.Following the policy of open regionalism, ASEAN has also signed free trade agreements with Australia, New Zealand, China, India, Japan and South Korea. It has launched negotiations for the Regional Comprehensive Economic Partnership (RCEP) agreement in 2013, with expected breakthrough by end-2015.The Southeast Asian economies are also involved in two other regional initiatives. First is the Trans-Pacific Partnership (TPP), initiated by the United States. As part of the U.S. e;pivot to Asiae;, the TPP is envisioned as a e;comprehensive and high-qualitye; agreement and has concluded its negotiation in October 2015. Second, the discussions on regional connectivity have broadened; China has emerged as a recent lead proponent with its proposals for e;One Belt, One Roade; and the Asian Infrastructure Investment Bank.All these together have implications not only for individual Southeast Asian countries but also for regional trading architecture. To aid in understanding the beginnings, development, and potential of these grand plans, this collection of 22 essays offers a rich analysis of ASEAN's own economic integration and other related initiatives proliferating in the broader Asia-Pacific region. |
china regional comprehensive economic partnership: Megaregulation Contested Benedict Kingsbury, David M. Malone, Paul Mertenskötter, Richard B. Stewart, Atsushi Sunami, Thomas Streinz, 2019 The Japan-led Trans-Pacific Partnership (CPTPPA) of 2018 is the most far-reaching 'megaregional' economic agreement in force, with several major countries beyond its eleven negotiating countries also interested. Still bearing the stamp of the original US involvement before the Trump-era reversal, TPP is the first instance of 'megaregulation': a demanding combination of inter-state economic ordering and national regulatory governance on a highly ambitious substantive and trans-regional scale. Its text and ambition have influenced other negotiations ranging from the Japan-EU Agreement (JEEPA) and the US-Mexico-Canada Agreement (USMCA) to the projected Pan-Asian Regional Comprehensive Economic Partnership (RCEP). This book provides an extensive analysis of TPP as a megaregulatory project for channelling and managing new pressures of globalization, and of core critical arguments made against economic megaregulation from standpoints of development, inequality, labour rights, environmental interests, corporate capture, and elite governance. Specialized chapters cover supply chains, digital economy, trade facilitation, intellectual property, currency levels, competition and state-owned enterprises, government procurement, investment, prescriptions for national regulation, and the TPP institutions. Country studies include detailed analyses of TPP-related politics and approaches in Japan, Mexico, Brazil, China, India, Indonesia, and Thailand. Contributors include leading practitioners and scholars in law, economics, and political science. At a time when the WTO and other global-scale institutions are struggling with economic nationalism and geopolitics, and bilateral and regional agreements are pressed by public disagreement and incompatibility with digital and capital and value chain flows, the megaregional ambition of TPP is increasingly important as a precedent requiring the close scrutiny this book presents. |
china regional comprehensive economic partnership: The China-Australia Free Trade Agreement Colin Picker, Heng Wang, Weihuan Zhou, 2017-12-14 This book provides readers with a unique opportunity to learn about one of the new regional trade agreements (RTAs), the China–Australia Free Trade Agreement (ChAFTA), that has been operational since December 2015 and is now at the forefront of the field. This new agreement reflects many of the modern and up-to-date approaches within the international economic legal order that must now exist within a very different environment than that of the late eighties and early nineties, when the World Trade Organization (WTO) was created. The book, therefore, explores many new features that were not present when the WTO or early RTAs were negotiated. It provides insights and lessons about new and important trade issues for the twenty-first century, such as the latest approaches to the regulation of investment, twenty-first century services and the emerging digital/knowledge economy. In addition, this book provides new understandings of the latest RTA approaches of China and Australia. The book's contributors, all foremost experts on their subject matter within this field, explore the inclusion of many traditional trade and investment agreement features in the ChAFTA, showing their continuing relevance in modern contexts. |
china regional comprehensive economic partnership: The Trans-Pacific Partnership C. L. Lim, Deborah Kay Elms, Patrick Low, 2012-09-20 The Trans-Pacific Partnership (TPP) talks attempt to link together at least nine countries in three continents to create a 'high-quality, twenty-first century agreement'. Such an agreement is intended to open markets to competition between the partners more than ever before in sectors ranging from goods and services to investment, and includes rigorous rules in the fields of intellectual property, labour protection and environmental conservation. The TPP also aims to improve regulatory coherence, enhance production supply chains and help boost small and medium-sized enterprises. It could transform relations with regions such as Latin America, paving the way to an eventual Free Trade Area of the Asia Pacific, or see innovations translated into the global trade regulatory system operating under the WTO. However, given the tensions between strategic and economic concerns, the final deal could still collapse into something closer to a standard, 'twentieth-century' trade agreement. |
china regional comprehensive economic partnership: The Trans Pacific Partnership, China and India Amitendu Palit, 2014-06-05 The United States and 11 other countries from both sides of the Pacific are currently negotiating the Trans-Pacific Partnership (TPP). The agreement is expected to set new benchmark for international trade through its comprehensive coverage of issues and binding regulations. It is expected to eventually mature into a regional trade agreement covering the entire Asia-Pacific. As of now, it does not include China and India, the two largest emerging markets and regional economies. The TPP has generated controversy for its excessive emphasis on trade issues, which have remained unresolved or unaddressed at the WTO due to differences between developed and emerging markets. It has also been criticized for adopting a negotiating style reflecting the US regulatory approach to international trade and also as a geo-political strategy of the US for supporting its strategic rebalancing towards Asia. From both economic and geo-political perspectives, the TPP has various significant implications for China and India that are examined in the book. This book sheds light on how China and India's entries in the TPP are mutually beneficial and how both countries can gain from the TPP by gaining preferential access to large markets and using it as an opportunity for introducing more outward-oriented reforms. The book also cautions that US must reconcile to the rebalancing of economic power within the grouping that will occur following the entries of China and India. Otherwise, the TPP and China and India might walk divergent paths and trade and regional integration in Asia-Pacific may not ever converge. This book will interest anyone who wishes to learn more about the TPP and its future implications and challenges and China and India's roles in global and regional trade. |
china regional comprehensive economic partnership: Business Opportunities and Risks in China Tracy Dathe, Volker Müller, Marc Helmold, 2023-06-23 The rise of China poses a significant challenge to the existing, Western-dominated world economic order. The effectiveness of the Regional Comprehensive Economic Partnership (RCEP) is contingent on a smooth transition of the world’s economic center toward the Asia-Pacific Region. For Western investors, the vast market opportunities can be tempting. However, the lack of experience and knowledge of international management in China – a country with radically different business rules and cultural background – poses a substantial risk. This book provides comprehensive insights into the fast-changing business world in China. Based on the authors’ theoretical knowledge and invaluable years of practical experience, it discusses the various options for doing business in China, with current examples that demonstrate how European SMEs can successfully position themselves between multinational companies and local competitors. It also highlights new opportunities arising from China’s international involvement (New Silk Road, RCEP) and addresses risk management for European SMEs operating in China. Moreover, it sheds light on how to form relationships of mutual trust between Chinese policymakers and their advisors/cooperation partners from abroad. Readers with an interest in doing business in China will find this book particularly valuable. |
china regional comprehensive economic partnership: ASEAN Centrality and the ASEAN-US Economic Relationship Peter A. Petri, Michael G. Plummer, 2014-02-21 The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through centrality in intraregional and external policy decisions. It recommends a two-speed approach toward centrality in order to maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external partnerships and, second, vigorous policies to share gains across the region. This strategy has solid underpinnings in the Kemp-Wan theorem on trade agreements. It would warrant, for example, a Trans-Pacific Partnership (TPP) agreement with incomplete ASEAN membership, complemented with policies to extend gains across the region. The United States could support this framework by pursuing deep relations with some ASEAN members, while broadly assisting the region's development. |
china regional comprehensive economic partnership: The Asian 21st Century Kishore Mahbubani, 2022 This open access book consists of essays written by Kishore Mahbubani to explore the challenges and dilemmas faced by the West and Asia in an increasingly interdependent world village and intensifying geopolitical competition. The contents cover four parts: Part One The End of the Era of Western Domination. The major strategic error that the West is now making is to refuse to accept this reality. The West needs to learn how to act strategically in a world where they are no longer the number 1. Part Two The Return of Asia. From the years 1 to 1820, the largest economies in the world were Asian. After 1820 and the rise of the West, however, great Asian civilizations like China and India were dominated and humiliated. The twenty-first century will see the return of Asia to the center of the world stage. Part Three The Peaceful Rise of China. The shift in the balance of power to the East has been most pronounced in the rise of China. While this rise has been peaceful, many in the West have responded with considerable concern over the influence China will have on the world order. Part Four Globalization, Multilateralism and Cooperation. Many of the world's pressing issues, such as COVID-19 and climate change, are global issues and will require global cooperation to deal with. In short, human beings now live in a global village. States must work with each other, and we need a world order that enables and facilitates cooperation in our global village. |
china regional comprehensive economic partnership: China's Economic Rise and Its Global Impact Ken Moak, Miles W.N. Lee, 2016-04-08 Through a thorough analysis of China's recent history and economic development process, the authors of this book seek to explain the causes of China's economic rise and its impact on the rest of the world. |
china regional comprehensive economic partnership: Trade Regionalism in the Asia-Pacific Sanchita Basu Das, Masahiro Kawai, 2016-04-11 Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. The first regional agreement — the ASEAN FTA — was transformed into the ASEAN Economic Community at the end of 2015. In the meantime, ASEAN forged five ASEAN+1 FTAs and began to negotiate a sixteen-member Regional Comprehensive Economic Partnership (RCEP) Agreement. In parallel, the U.S.-led Trans-Pacific Partnership (TPP), supporting U.S. foreign policy of “Pivot to Asia”, was broadly agreed in October 2015. The RCEP and the TPP are accompanied by other mega-regional integration processes developing elsewhere in the world, including the Transatlantic Trade and Investment Partnership for the European Union and the United States, and the Pacific Alliance among four Latin American member states. Meanwhile, APEC is also striving to meet its Bogor Goal targets and create a Free Trade Area of the Asia-Pacific. Each of these mega-regionals aims to achieve greater trade and investment liberalization and facilitation and more harmonized trade and investment rules so that all member economies can participate in the global value chain of production. Instead of undermining, these regional exercises can be building blocks for a more liberal global trading system supported by the World Trade Organization. This book ruminates on these regional agreements, their economic and strategic rationales and challenges during negotiations and afterwards. The book brings together eminent scholars and experts to deepen our understanding of the complex nature of the mega-regional trade agreements and their implications. It is useful both for the academic and research community and for policymakers who focus on trade and economic cooperation issues. |
china regional comprehensive economic partnership: China’s Grand Strategy Andrew Scobell, Edmund J. Burke, Cortez A. Cooper III, Sale Lilly, Chad J. R. Ohlandt, Eric Warner, J.D. Williams, 2020-07-27 To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades. |
china regional comprehensive economic partnership: The Senkaku Paradox Michael E. O'Hanlon, 2019-04-30 America needs better options for resolving potential crises In recent years, the Pentagon has elevated its concerns about Russia and China as potential military threats to the United States and its allies. But what issues could provoke actual conflict between the United States and either country? And how could such a conflict be contained before it took the world to the brink of thermonuclear catastrophe, as was feared during the cold war? Defense expert Michael O'Hanlon wrestles with these questions in this insightful book, setting them within the broader context of hegemonic change and today's version of great-power competition. The book examines how a local crisis could escalate into a broader and much more dangerous threat to peace. What if, for example, Russia's “little green men” seized control of a community, like Narva or an even smaller town in Estonia, now a NATO ally? Or, what if China seized one of the uninhabited Senkaku islands now claimed and administered by Japan, or imposed a partial blockade of Taiwan? Such threats are not necessarily imminent, but they are far from inconceivable. Washington could be forced to choose, in these and similar cases, between risking major war to reverse the aggression, and appeasing China or Russia in ways that could jeopardize the broader global order. O'Hanlon argues that the United States needs a better range of options for dealing with such risks to peace. He advocates “integrated deterrence,” which combines military elements with economic warfare. The military components would feature strengthened forward defenses as well as, possibly, limited military options against Russian or Chinese assets in other theaters. Economic warfare would include offensive elements, notably sanctions, as well as measures to ensure the resilience of the United States and allies against possible enemy reprisal. The goal is to deter war through a credible set of responses that are more commensurate than existing policy with the stakes involved in such scenarios. |
china regional comprehensive economic partnership: China's High-Speed Rail Development Martha Lawrence, Richard Bullock, Ziming Liu, 2019-06-24 Over the past decade, China has built 25,000 km of dedicated highspeed railway—more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density. |
china regional comprehensive economic partnership: Chinese Politics in the Xi Jinping Era Cheng Li, 2016-10-18 Chinese politics are at a crossroads as President Xi Jinping amasses personal power and tests the constraints of collective leadership. In the years since he became general secretary of the Chinese Communist Party in 2012, Xi Jinping has surprised many people in China and around the world with his bold anti-corruption campaign and his aggressive consolidation of power. Given these new developments, we must rethink how we analyze Chinese politics—an urgent task as China now has more influence on the global economy and regional security than at any other time in modern history. Chinese Politics in the Xi Jinping Era examines how the structure and dynamics of party leadership have evolved since the late 1990s and argues that inner-party democracy—the concept of collective leadership that emphasizes deal making based on accepted rules and norms—may pave the way for greater transformation within China's political system. Xi's legacy will largely depend on whether he encourages or obstructs this trend of political institutionalization in the governance of the world's most populous and increasingly pluralistic country. Cheng Li also addresses the recruitment and composition of the political elite, a central concern in Chinese politics. China analysts will benefit from the meticulously detailed biographical information of the 376 members of the 18th Central Committee, including tables and charts detailing their family background, education, occupation, career patterns, and mentor-patron ties. |
china regional comprehensive economic partnership: Mega-Regional Trade Agreements Thilo Rensmann, 2017-07-20 This book provides an in-depth analysis of Mega-Regionals, the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law. |
china regional comprehensive economic partnership: The ASEAN Economic Community Jacques Pelkmans, 2016-03-11 A conceptual study on the economic integration of the new ASEAN Economic Community. |
china regional comprehensive economic partnership: Textiles and Apparel United States Tariff Commission, 1968 |
china regional comprehensive economic partnership: ASEAN Law and Regional Integration Diane A Desierto, David J Cohen, 2020-12-29 Since the passage of the ASEAN Charter in 2008, ASEAN has transformed itself from a loose economic cooperation, into a formal intergovernmental organization designed to create an “ASEAN Community” forged together in three pillar communities – the ASEAN Political-Security Community, ASEAN Economic Community, and tASEAN Socio-Cultural Community. Forty years of pre-Charter ASEAN practices, coupled with over ten years of post-Charter ASEAN practices thus far, has witnessed the conclusion of hundreds of legally binding regional treaties and similarly binding international instruments in all areas of economic, political-security, and socio-cultural concerns for Southeast Asia to achieve ASEAN’s rule of law-based development objective. Pre-Charter and post-Charter ASEAN Law is variably implemented under a hybrid governance system that depends heavily on ASEAN Member State national implementation alongside ASEAN’s evolving regional institutions. The result is not a model of deep integration as in the case of the European Union, but a particular paradigm of horizontal embeddedness of ASEAN Law – in all its norms and operational practices – contingent on the capacities and compliance of national government bureaucracies in Southeast Asia. This edited collection is a concise authoritative volume covering the practical, doctrinal, legal, and policy aspects of the new regime of ASEAN Law and its consequences for realizing rule of law-based development in Southeast Asia’s emerging single market and production base. Drawing together contributions from a range of key thinkers in the field, the editors present the legal and policy-making issues implicated in the practical implementation of Southeast Asia’s single market and its regime for the free movement of goods, services, foreign investment, and cross-border labor. The book also examines the nature of regional law-making under ASEAN before and after the commencement of regional integration in 2015, the nature of ASEAN’s economic regulators, as well as the evolving structure for enforcement and harmonization of “ASEAN Law” through the array of Southeast Asian national courts, arbitral tribunals, and incipient mechanisms for inter-State, intra-regional, and individual-State conflict management and dispute resolution. This book is highly relevant to students, scholars, and policy-makers with an interest in ASEAN Law and regional policy, and to Southeast Asian studies in general. |
china regional comprehensive economic partnership: Japan's New Regional Reality Saori N. Katada, 2020 Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path. |
china regional comprehensive economic partnership: China's Economic Rise Congressional Research Service, 2017-09-17 Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a new normal of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more market-oriented. Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a decisive role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise. |
china regional comprehensive economic partnership: China and Africa Richard Schiere, Léonce Ndikumana, Peter Walkenhorst, 2011 |
china regional comprehensive economic partnership: Contest for the Indo-Pacific Rory Medcalf, 2022-01-31 The definitive guide to the world's most contested region Updated edition covering the strategic impacts of Covid-19, China's economic coercion against Australia, the Afghanistan withdrawal, Joe Biden, the Quad and US-China rivalry. The Indo-Pacific is both a place and an idea. It is the region central to global prosperity and security. It is also a metaphor for collective action. If diplomacy fails, it will be the theatre of the first general war since 1945. But if its future can be secured, the Indo-Pacific will flourish as a shared space, the centre of gravity in a connected world. What we call different parts of the world - Asia, Europe, the Middle East - seems innocuous. But the name of a region is totemic- a mental map that guides the decisions of leaders and the story of international order, war and peace. In recent years, the label 'Indo-Pacific' has gained wide use, including among the leaders of the United States, India, Japan, Australia, Indonesia and France. But what does it really mean? Written by a recognised expert and regional policy insider, Contest for the Indo-Pacific is the definitive guide to tensions in the region. It deftly weaves together history, geopolitics, cartography, military strategy, economics, games and propaganda to address a vital question- how can China's dominance be prevented without war? 'The complexities of our region can easily bewilder those used to the Manichaean simplicity of the Cold War. Rory Medcalf's book is an elegant, keenly insightful tour of the Indo-Pacific's strategic horizon.' -Malcolm Turnbull |
china regional comprehensive economic partnership: Economic Integration in Asia Deeparghya Mukherjee, 2019-01-14 The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration. |
china regional comprehensive economic partnership: TPP and India Harsha Vardhana Singh, 2016 The book brings together new insights and perspectives on the implications of major changes taking place in global markets due to large free trade agreements or so-called mega-regionals, such as the Trans-Pacific Partnership (TPP). These changes will occur for both the trade regulation regime in major markets, and the private standards that are increasingly crucial for linking up with international value chains. The twelve members of TPP account for about one-fourth of world trade and two-fifth of global GDP. A number of others have shown interest to become members; it is now the model for the US to use in its other large trade negotiations, thus expanding its scope and reach in the future, and its disciplines are acknowledged to be higher than those resulting from some other mega-regionals such as RCEP. Therefore, global standards affecting world market conditions will flow from TPP. Its underlying aspiration will thus increasingly shape the future of trade and investment conditions in major markets, implying trade and investment diversion for non-member countries. A large majority of developing countries, including India, are out of this framework. This book explains the various concerns for non-members, and suggests a number of steps which they can take to mitigate the adverse conditions. This book is an essential read for policymakers, business leaders and analysts considering ways to address the likely constraints emerging through mega-regionals, for job creation and development prospects. |
China Houses - Daz 3D
Chinese traditional village houses with two alleys, a square and its big centenary tree.A very detailed typical small canteen improvised in a house.Double-sided houses.130 Props.5 …
Chinese Mountain Temple - Daz 3D
Immerse your creations in the timeless beauty of ancient China with this detailed mountain temple environment. Featuring authentic architecture and serene mountain landscapes, this setting is …
Shaolin Temple - Daz 3D
The hallway leading to the temple throne is a symbol of power and rule in the China region, showcasing the might and reverence of ancient traditions. Towering pillars with gold trims line …
Daz 3D - 3D Models and 3D Software | Daz 3D
At Daz 3D, download our free 3D software and shop free and premium 3D models, animations, and more to create your realistic universe.
Chinese Temple Interior - Daz 3D
Immerse your creations in the timeless beauty of ancient China with this detailed mountain temple Inteiror environment. Featuring authentic architecture and a serene temple interior scene, this …
dForce MK Flying Outfit for Genesis 8 and 8.1 Females - Daz 3D
Dunhuang Flying is the most talented creation of Chinese artists and a miracle in the history of world art. She is the result of the long-term exchange and integration of Buddhism and …
dForce Lala DunHuang for Genesis 9 - Daz 3D
The outfit is inspired by the celestial maiden costumes depicted in the Dunhuang murals of the Mogao Grottoes in China. The design aims to faithfully recreate the popular image of the flying …
Sue Yee - Daz 3D
Daz 3D, 3D Models, 3D Animation, 3D Software. DAZ Productions, Inc. 7533 S Center View Ct #4664
Daz 3D
INCREDIBLE DETAIL. The more detailed a character is, the more realistic and life-like it becomes. Genesis 8 continues to expand the available HD morphs you’ve come to expect …
Daz 3D
Daz 3D, 3D Models, 3D Animation, 3D Software
China Houses - Daz 3D
Chinese traditional village houses with two alleys, a square and its big centenary tree.A very detailed typical small canteen improvised in a house.Double-sided houses.130 Props.5 Presets …
Chinese Mountain Temple - Daz 3D
Immerse your creations in the timeless beauty of ancient China with this detailed mountain temple environment. Featuring authentic architecture and serene mountain landscapes, this setting is …
Shaolin Temple - Daz 3D
The hallway leading to the temple throne is a symbol of power and rule in the China region, showcasing the might and reverence of ancient traditions. Towering pillars with gold trims line …
Daz 3D - 3D Models and 3D Software | Daz 3D
At Daz 3D, download our free 3D software and shop free and premium 3D models, animations, and more to create your realistic universe.
Chinese Temple Interior - Daz 3D
Immerse your creations in the timeless beauty of ancient China with this detailed mountain temple Inteiror environment. Featuring authentic architecture and a serene temple interior scene, this …
dForce MK Flying Outfit for Genesis 8 and 8.1 Females - Daz 3D
Dunhuang Flying is the most talented creation of Chinese artists and a miracle in the history of world art. She is the result of the long-term exchange and integration of Buddhism and Taoism, …
dForce Lala DunHuang for Genesis 9 - Daz 3D
The outfit is inspired by the celestial maiden costumes depicted in the Dunhuang murals of the Mogao Grottoes in China. The design aims to faithfully recreate the popular image of the flying …
Sue Yee - Daz 3D
Daz 3D, 3D Models, 3D Animation, 3D Software. DAZ Productions, Inc. 7533 S Center View Ct #4664
Daz 3D
INCREDIBLE DETAIL. The more detailed a character is, the more realistic and life-like it becomes. Genesis 8 continues to expand the available HD morphs you’ve come to expect from …
Daz 3D
Daz 3D, 3D Models, 3D Animation, 3D Software