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For China, the last quarter century has marked the start of a new chapter in its history as it moved back from the margins of history toward centre stage, with global impacts from its soaring trade flows, foreign direct investment inflows, and the centrality of the yuan to developments in...
Persistent link: https://www.econbiz.de/10013127738
In the context of stalled multilateral trade negotiations, major trading economies are seeking free trade agreements (FTAs) to secure their market access objectives. Nowhere is this dynamic stronger than in East Asia, where a web of bilateral and plurilateral agreements is stitching together...
Persistent link: https://www.econbiz.de/10013096318
Economic integration is evolving rapidly in East Asia, driven by a multitude of factors. The most important of these has been the entrenchment of China in the global division of labour and its increasingly important role as an independent engine of growth in the global economy. Business-led East...
Persistent link: https://www.econbiz.de/10013144039
The US-China trade deal has received at best a lukewarm initial reception from the trade policy community. China is to buy US$ 200 billion of US goods and services per annum in 2020 and 2021 above 2017 baseline levels; the US lowers tariffs by 7.5% on imports from China of US$120 billion of...
Persistent link: https://www.econbiz.de/10012843695
The trade war between the United States and China is generating significant costs; it is rooted in the technological revolution based on big data, artificial intelligence and machine learning, which create the grounds for strategic trade and investment policies and geostrategic rivalry; and...
Persistent link: https://www.econbiz.de/10012896736
China appears to have been surprised by the sharp escalation of its rivalry with the United States into a full-blown trade war – and also to have initially mis-read the situation as one it could dispose of by writing a cheque before getting on with business as usual. I argue that there are...
Persistent link: https://www.econbiz.de/10012898014
The results of China’s recent census, which showed a continued slowing in population growth triggered much discussion of the implications for China’s economic growth potential and knock-on implications for debt sustainability. Demographic projections show a rapidly aging population, implying...
Persistent link: https://www.econbiz.de/10013297262
Taiwan has indicated its interest in joining the Trans-Pacific Partnership Agreement. In this report, we evaluate the implications of Taiwan's accession for the United States to inform the negotiation process. We consider the sectoral export prospects for U.S. industry and provide estimates of...
Persistent link: https://www.econbiz.de/10013030030