CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMS
Foreign trade is one of the main drivers of China’s spectacular rise. As it has become a determining factor in world trade, its composition, competitiveness, characteristics, and methods have become important for the whole world. This article provides a political examination of the Chinese foreign...
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| Format: | Article |
| Language: | English |
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Corvinus University of Budapest
2022-08-01
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| Series: | Köz-gazdaság |
| Online Access: | http://www.retp.eu/index.php/retp/article/view/1451 |
| _version_ | 1797959386991165440 |
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| author | Gyula Krajczár |
| author_facet | Gyula Krajczár |
| author_sort | Gyula Krajczár |
| collection | DOAJ |
| description |
Foreign trade is one of the main drivers of China’s spectacular rise. As it has
become a determining factor in world trade, its composition, competitiveness,
characteristics, and methods have become important for the whole world. This
article provides a political examination of the Chinese foreign trade architecture,
considers the criticisms related to it, and the Chinese rationale. It concludes that
China – according to its intentions – has tried to fit into the institutional order of
world trade, but at the same time has brought in its peculiarities that sometimes
have stretched this order apart. The main determinant of this is China's statecenteredness and bureaucracy.
Keywords: Chinese foreign trade, export processing trade, dual foreign trade
system, unfair trade practices
JEL Codes: F13, F50, F63
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| first_indexed | 2024-04-11T00:31:34Z |
| format | Article |
| id | doaj.art-5ed190482d9748539c00a5d99b665196 |
| institution | Directory Open Access Journal |
| issn | 1788-0696 |
| language | English |
| last_indexed | 2024-04-11T00:31:34Z |
| publishDate | 2022-08-01 |
| publisher | Corvinus University of Budapest |
| record_format | Article |
| series | Köz-gazdaság |
| spelling | doaj.art-5ed190482d9748539c00a5d99b6651962023-01-07T14:59:34ZengCorvinus University of BudapestKöz-gazdaság1788-06962022-08-01CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMSGyula Krajczár Foreign trade is one of the main drivers of China’s spectacular rise. As it has become a determining factor in world trade, its composition, competitiveness, characteristics, and methods have become important for the whole world. This article provides a political examination of the Chinese foreign trade architecture, considers the criticisms related to it, and the Chinese rationale. It concludes that China – according to its intentions – has tried to fit into the institutional order of world trade, but at the same time has brought in its peculiarities that sometimes have stretched this order apart. The main determinant of this is China's statecenteredness and bureaucracy. Keywords: Chinese foreign trade, export processing trade, dual foreign trade system, unfair trade practices JEL Codes: F13, F50, F63 http://www.retp.eu/index.php/retp/article/view/1451 |
| spellingShingle | Gyula Krajczár CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMS Köz-gazdaság |
| title | CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMS |
| title_full | CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMS |
| title_fullStr | CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMS |
| title_full_unstemmed | CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMS |
| title_short | CHINA'S TRADE POLICY CHANGES: ARGUMENTS AND CRITICISMS |
| title_sort | china s trade policy changes arguments and criticisms |
| url | http://www.retp.eu/index.php/retp/article/view/1451 |
| work_keys_str_mv | AT gyulakrajczar chinastradepolicychangesargumentsandcriticisms |