Unpacking the Black Box of China’s State Capitalism

Much ink has been splashed on the ideological, conceptual, and practical challenges that China’s state capitalism has posed to global trade rules. There is a growing perception that the current international trade rules are neither conceptually coherent nor practically effective in tackling China’s...

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Main Author: Ming Du
Format: Article
Language:English
Published: Cambridge University Press 2023-02-01
Series:German Law Journal
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S2071832223000020/type/journal_article
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author Ming Du
author_facet Ming Du
author_sort Ming Du
collection DOAJ
description Much ink has been splashed on the ideological, conceptual, and practical challenges that China’s state capitalism has posed to global trade rules. There is a growing perception that the current international trade rules are neither conceptually coherent nor practically effective in tackling China’s state capitalism. This perception has not only led to the emergence of new trade rules in regional trade agreements, but also culminated in the US-China trade war, only further aggravated by the Covid-19 pandemic. This Article contributes to the debate of what trade rules may be needed to counteract China’s state capitalism by unpacking the black box of China’s state capitalism. Based on an analysis of the nature of China’s state capitalism, this Article provides a preliminary evaluation of current trade rules taken to counteract China’s state capitalism, in particular the new rules in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and explain why they are unlikely to be successful.
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spelling doaj.art-255b886b9f364634865f80e4aab341b92023-08-04T12:01:27ZengCambridge University PressGerman Law Journal2071-83222023-02-012412515010.1017/glj.2023.2Unpacking the Black Box of China’s State CapitalismMing Du0https://orcid.org/0000-0001-9301-4126Durham Law School, Durham, United KingdomMuch ink has been splashed on the ideological, conceptual, and practical challenges that China’s state capitalism has posed to global trade rules. There is a growing perception that the current international trade rules are neither conceptually coherent nor practically effective in tackling China’s state capitalism. This perception has not only led to the emergence of new trade rules in regional trade agreements, but also culminated in the US-China trade war, only further aggravated by the Covid-19 pandemic. This Article contributes to the debate of what trade rules may be needed to counteract China’s state capitalism by unpacking the black box of China’s state capitalism. Based on an analysis of the nature of China’s state capitalism, this Article provides a preliminary evaluation of current trade rules taken to counteract China’s state capitalism, in particular the new rules in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and explain why they are unlikely to be successful.https://www.cambridge.org/core/product/identifier/S2071832223000020/type/journal_articleState-owned EnterprisesParty CommitteeChinaWTOComprehensive and Progressive Agreement for Trans-Pacific Partnership
spellingShingle Ming Du
Unpacking the Black Box of China’s State Capitalism
German Law Journal
State-owned Enterprises
Party Committee
China
WTO
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
title Unpacking the Black Box of China’s State Capitalism
title_full Unpacking the Black Box of China’s State Capitalism
title_fullStr Unpacking the Black Box of China’s State Capitalism
title_full_unstemmed Unpacking the Black Box of China’s State Capitalism
title_short Unpacking the Black Box of China’s State Capitalism
title_sort unpacking the black box of china s state capitalism
topic State-owned Enterprises
Party Committee
China
WTO
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
url https://www.cambridge.org/core/product/identifier/S2071832223000020/type/journal_article
work_keys_str_mv AT mingdu unpackingtheblackboxofchinasstatecapitalism