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Books > Law > International law > Public international law > International economic & trade law
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Between Market Economy and State Capitalism - China's State-Owned Enterprises and the World Trading System (Hardcover)
Loot Price: R2,646
Discovery Miles 26 460
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Between Market Economy and State Capitalism - China's State-Owned Enterprises and the World Trading System (Hardcover)
Series: Cambridge International Trade and Economic Law
Expected to ship within 10 - 15 working days
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One major issue facing the world trading system today is how to
deal with the challenge of China's state capitalism. Many
commentators believe that the existing WTO rules are insufficient
and, thus new rules are needed. This book challenges this
conventional wisdom. Through meticulous studies and fresh analysis
of the commitments in China's WTO accession package, existing rules
on state capitalism in WTO agreements and recent attempts to make
new rules on these issues at the bilateral, regional and
multilateral levels, this book argues that existing WTO rules,
especially those on subsidies, coupled with China-specific rules in
its accession protocol, do provide feasible tools to counter
China's state capitalism. This book also discusses the reasons for
the lack of usage of these rules and provides concrete policy
suggestions on how the rules may be better utilized, as well as how
to conduct constructive negotiations on new rules in the WTO and
beyond.
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