There has been a great deal of discussion in Western and other countries surrounding an economic and political disengagement from China’s economy. Since the acceptance of China into the WTO in 2001 and the great re-introduction of China into the world economy after 2008, the Chinese economy has flourished, mainly based upon supplying consumer goods […]
The new pick for U.S. trade representative, Robert Lighthizer, recently signaled the new administration’s get-tough approach to China over trade issues.
In the sixth and final installment of the virtual roundtable, Marc Chandler discusses China’s economic growth prospects in the current transitional period.
In a sharply divided electorate, opposition to free trade is creating an unlikely point of unity between angry voters across the aisle.
Trump is not alone in complaining about alliances. Others, for various reasons, dislike our relationship with Saudi Arabia or arrangements with Pakistan.
Granting the world’s largest trading nation Market Economy Status (MES) is one of the thorniest issues in Europe right now, splitting the continent and dividing public opinion. Critics of awarding China this rather obscure World Trade Organization status argue it would severely impact governments’ ability to slap anti-dumping duties on cheap Chinese imports.
Trade ministers for World Trade Organization (WTO) member nations reached agreement in Bali December 7, setting standards for customs, and addressing food and agricultural issues, among other matters. The measures in themselves are limited, but the Bali deal revives the WTO as a channel to approach trade policy. U.S. policy should reassess other approaches […]
This week marks the celebration of a “Golden Week” of public holidays in China, during which millions of Chinese people take vacations, many of which will be abroad. Prior to this holiday week, which officially began on October 1, China’s National Tourism Administration publicized a 64-page guidebook on their website, entitled “Guidebook for Civilized Tourism,” […]
When French politician Pascal Lamy set the process in motion to replace himself as the head of the World Trade Organization (WTO), it was an interesting outcome that the two last candidates for the position were both from Latin America and were both from economies either from BRICS nations or that are considered as pre-BRICS […]
Isn’t it ironic? On the same day that Putin signed Russia’s official accession into the world economy, he also signed a law essentially labelling NGO workers foreign agents. As the country edges another step closer to western economics, it slips further from western ideals of human rights. Was this just another example of Russia’s characteristic […]
Last year was the Year of the Rabbit for the Chinese – promising among other things good luck! However, China which came out of the global financial crisis almost unscathed (or at least better off than most major world economies) hit one too many ‘speed-bumps’ in 2011. Last year’s inflation is threatening a significant slow-down […]
Global economic developments this year, along with the impact of safe-haven investment flows have led to the appreciation of the dollar in global markets, contributed to the high level of unemployment in the U.S. and increased the chances for a double-dip recession in America. All these developments have further highlighted the international tensions over exchange […]
On October 19, seven American solar manufacturing companies asked the government to slap 100% tariffs on Chinese solar imports alleging unfair trading practices. The Coalition for American Solar Manufacturing’s President Gordon Brinser said, “Chinese producers have used – and continue to use – continuous increases in production capacity and output, fueled by unprecedented levels of […]
Secretary of State Hillary Clinton and US Treasury Secretary Tim Geithner play host this week to the third round of a newly formed bi-lateral talks between the US and China. This is the first time the so-called US-China Strategic and Economic Dialogue (SE&D) is being held in the US. The purpose of the talks, Geithner said in his opening comments on Monday, is to look for opportunities to build closer economic ties between the World’s two leading economic powers.
Last week’s ruling by the WTO Appellate Body on the U.S. trade remedies regime went mostly unnoticed, due to the dramatic developments in Japan and Libya. However, its implications could be significant… thought not immediate. The Appellate Body reversed a previous panel decision which allowed the U.S. government to apply higher tariffs to imports from […]