China's Regional and Bilateral Trade Agreements.
Regional trade agreements or RTA is becoming a phenomenon throughout the world in all the continents from Asia to Africa. In Europe it is mainly the EU spreading to the central and Eastern Europe, the Baltic States, the Mediterranean and beyond. In Americas we have NAFTA and MERCOSUR which is going to be taken by the free trade for the Americas.
Liu, T., “Empirical study on the impact of regional trade agreements on strengthening China’s FDI”, revised and resubmitted to The Chinese Economy. Based on the investigations presented in this thesis, the following papers have been published in the conference proceedings.
Abstract: China has been increasingly active on the regional trade agreement front ever 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 customise agreements to partner prior agreements.
First of all, there are three branches in the former phase. In the first branch, to realize what regional trade agreement is, the paper examines the theories of regionalism and all types of regional economics integrations. It is worthy to understand regional trade agreement from its original intention and distinguish those differences.
Benefits of Regional Trading Agreements. Regional trading agreements offer the following benefits: 1. Boosts Economic Growth. Member countries benefit from trade agreements, particularly in the form of generation of more job opportunities, lower unemployment rates, and market expansions. Also, since trade agreements usually come with investment.
Regional Trade Agreements and the WTO by Jo-Ann Crawford and Sam Laird Abstract The rapid growth in the number of regional trade agreements (RTAs) has led to concern about the weakening of the multilateral trading system. This paper looks at the spread of such agreements and the extent which they pose a threat to the system. Outline 1.
The analysis concludes that China's trade policies are broadly supportive of a rules based multilateral trading order and its behavior at the WTO is that of a status quo power rather than one seeking major systemic changes. The discussion then turns to China's regional trade initiatives.