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China's Regional and Bilateral Trade Agreements

Author

Listed:
  • Chunding Li
  • Jing Wang
  • John Whalley

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

  • Chunding Li & Jing Wang & John Whalley, 2014. "China's Regional and Bilateral Trade Agreements," NBER Working Papers 19853, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:19853
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    References listed on IDEAS

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    1. Samina Shabir & Reema Kazmi, 2007. "Economic Effects of the Recently Signed Pak-China Free Trade Agreement," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 12(Special E), pages 174-202, September.
    2. Hyun Joung Jin & Won W. Koo & Bongsik Sul, 2006. "The Effects Of The Free Trade Agreement Among China, Japan And South Korea," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 31(2), pages 55-72, December.
    3. Peter A. Petri & Michael G. Plummer & Fan Zhai, 2012. "The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 6642, April.
    4. Mahinda Siriwardana & Jinmei Yang, 2006. "Economic Effects of the Proposed Australia-china Free Trade Agreement," EcoMod2006 272100084, EcoMod.
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    Cited by:

    1. STOBER Emmanuel Olusegun, 2014. "CAGE Analysis of China’s Trade Globalization," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    2. Barry Eichengreen & Domenico Lombardi, 2017. "RMBI or RMBR? Is the Renminbi Destined to Become a Global or Regional Currency?," Asian Economic Papers, MIT Press, vol. 16(1), pages 35-59, Winter/Sp.

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    More about this item

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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