China's Regional and Bilateral Trade Agreements

26 Pages Posted: 25 Jan 2014 Last revised: 1 Apr 2023

See all articles by Chunding Li

Chunding Li

Chinese Academy of Social Sciences (CASS) - Institute of World Economics & Politics

Jing Wang

University of Western Ontario - Department of Economics

John Whalley

University of Western Ontario - Department of Economics; National Bureau of Economic Research (NBER); CESifo (Center for Economic Studies and Ifo Institute); Centre for International Governance and Innovation (CIGI)

Date Written: January 2014

Abstract

China has been increasingly active on the regional trade agreement front over since WTO Accession occurred in 2001. These agreements, unlike the US and EU cases, follow no template form of agreement but vary substantially one among the others and are in part an attempt to customize agreements to partner prior agreements. There are presently 12 concluded agreements, 6 under negotiation, and four others under consideration. These concluded are in the main with smaller countries. Those in prospect are with major trading areas (US, Japan, Korea, and India). All are driven in part by China's needs for export access to fuel continuing export lead growth, but other elements enter including using regional agreements to offset unwelcome elements of multilateral arrangements (such as the non-market economy labelling), and attempting to put in place via RTA building blocks an Asian trading hub. Outstanding issues not centrally addressed by these agreements include anti-dumping duties, and investment and competition issues.

Suggested Citation

Li, Chunding and Wang, Jing and Whalley, John, China's Regional and Bilateral Trade Agreements (January 2014). NBER Working Paper No. w19853, Available at SSRN: https://ssrn.com/abstract=2384308

Chunding Li (Contact Author)

Chinese Academy of Social Sciences (CASS) - Institute of World Economics & Politics ( email )

No.5, Jianguomen Nei Avenue
15th Floor of CASS Building
Beijing, 100732
China

Jing Wang

University of Western Ontario - Department of Economics ( email )

London, Ontario N6A 5B8
Canada

John Whalley

University of Western Ontario - Department of Economics ( email )

London, Ontario N6A 5B8
Canada
519-661-3509, ext. 83509 (Phone)
519-661-3666 (Fax)

HOME PAGE: http://www.ssc.uwo.ca/economics/faculty/

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CESifo (Center for Economic Studies and Ifo Institute)

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Centre for International Governance and Innovation (CIGI) ( email )

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Canada

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