Preview

China trade performances and policies

Powerful Essays
Open Document
Open Document
3503 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
China trade performances and policies
NICOLAS RAMON GARCIA

Case studies: Trade performance and trade policies of select countries

CHINA

ID STUDENT 13201433

COURSE ID 122171 | 122071

OCTOBER 25TH OF 2013

CONTENTS

1. Basics of China

A. China in Numbers
i. Economy ii. Development iii. Trade and Investments iv. Consumption Behavior

2. China foreign trade

A. Introduction on China trade policies
i. China foreign trade in the past years ii. China foreign trade today

B. China trade policies
i. Data and facts about China related with international commerce

3. China in the WTO

i. A balance of China in the WTO ii. Trade Barriers

4. The future of China

i. Where is China going? ii. China´s next wave of exportation 5. Opinion

i. Thoughts about the true future of Chinese economy

6. Appendices

7. Bibliography

List of abbreviations

WTO---------------------- World Trade Organization
OECD-------------------- Organizations for Economic Co-Operation and Development
PPP----------------------- Purchasing Power Parity
GDP----------------------- Gross Domestic Product
UK------------------------- United Kingdom
EU------------------------- European Union
LDC----------------------- Least Developed Countries
CDB---------------------- China Development Bank
MOFCOM--------------- Chinese Ministry of Commerce
GATT---------------------- General Agreement on Tariffs and Trade
UN------------------------ United Nations
TRIPS------------------- Trade-related Aspects of Intellectual Property Rights
SAR---------------------- Special Administrative Region
ASEAN------------------ Association of South East Asian Nations
CNPC--------------------- China National Petroleum Corporation
TRQ---------------------- Tariff Rate Quota
APEC-------------------- Asia Pacific Economic Co-operation

Basics of China

Here is a brief introduction and

You May Also Find These Documents Helpful

  • Good Essays

    The China Trade Act of 2000 Summary The China Trade Act of 2000 was introduced in Congress to allow free trade with China as with other favored nations. Trade with communist countries was currently allowed only on a year-to-year basis under the Trade Act of 1974, unlike the permanent basis offered other countries. Many members of the business community, and then President Clinton wanted this stipulation lifted once China joined the World Trade Organization, which was forthcoming. This required an act of Congress. Since Republicans typically favor big business, this allied President Clinton (D) with many Republicans and against many members of his own party, as well as labor unions. The president desired to push this bill through before his…

    • 460 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Global trade patterns and domestic economic affairs was significant to the world. It affects how well the country is running and makes it under control. Global trade patterns and domestic economic affairs has changed and continued in China from 500 to 1750. As time progressed, trade patterns and the economy became sophisticated and prominent. Many people began to depend and on the economic issues. Currency has changed into silver which became a huge demand. Today, the global trade patterns and domestic economic affairs is the way due to history. Due to unfortunate circumstances involved changed in currency and a look of diffusion, Chinese economy shifted a bit. As China developed lost contact with foreign regions and faced different conflicts, they changed trade patterns and domestic affairs. From the time…

    • 952 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The international economic landscape has and is dominated by the United States. However a new player is emerging. China over the past couple of years has sprung onto the national scene. These two countries are the top exporters and importers in the world with around $7.5 trillion in goods traded, according to a 2012 WTO study. They are also some of the largest import or export partners between each other trading approximately $536 billion being exchanged between the two countries. As the United States and China move forward into the next couple of years analyzing the past trends will allow for smarter decisions to be made. The research included will be drawn from data around the last 15 years with more accurate data regarding sectors being added in the closer to present we present. Topics covered will be:…

    • 409 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The traditional world order of china benefited of the tribute system placing it in the middle of the civilized world. On the other hand, to recognize china's progression, permissions were given to different states which allow them to trade with china. China was central world order in 1517 which European vessels came overseas to it to trade. The Chinese observed that the European vessels are just the same as any vessel came from Japan, Siam, and any other way. The European marine powers identified that the tribute system is not going to be an advantage for them. Initial powers attempted to devote the tribute system for the European benefit. However they did not succeed and played an ineffective role within it.…

    • 386 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    China is the world’s most rapidly growing economy with their growth rates averaging 10% in the past 30 years. In the past decades there has been a significant increase in international…

    • 2351 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Trade between civilizations has been an important part of any society for a long time. Trade is the cause of most religion, technology, and over all cultural diffusion. It has grown and changed a lot over the years. Trade between China and Japan from 1368 through 1500 was very successful due to factors in their civilizations.…

    • 215 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Persuasive Paper

    • 2561 Words
    • 11 Pages

    Kim, K. H. (2009). China 's entry into the WTO: Is it a good deal or a false promise for US and Chinese workers? The Business Review, Cambridge, 12(2), 57-62.…

    • 2561 Words
    • 11 Pages
    Better Essays
  • Good Essays

    China Fair Trade Lesson

    • 965 Words
    • 4 Pages

    I personally loved the fair trade game and who gets a fair trade lesson. I found it very interested in the fair trade lesson how China had a very little amount of candy they only had 5 pieces well North America had much more. I found it very interesting how China had so little amounts of food because China has such a big population. I thought that they would have more access to food for the people since they have one of the biggest populations in the world. North America has a lot more access to food than China, which is 10 candies. China has over 1.3 billion people currently, and that is very surprising considering how much food and access the country has. The country has to feed on cheap products to keep themselves surviving because of how…

    • 965 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Since 1978 when China moved from a closed economy based entirely around the state to a more open, market-based economy, their growth rate has been an astounding 9.5% per year on average (Wikipedia, 2013). China is also the world’s second biggest exporter of goods and services, with 2012 exports totaling over $2 Trillion USD. Their trade surplus is $322 Billion (CIA Factbook). When one considers the fact that China is still classified as a communist country, these economic indicators become even more impressive.…

    • 3518 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Chinas Economy

    • 666 Words
    • 3 Pages

    If current trends continue, China may be the world’s largest economy by 2020. Discuss the possible implications of such a development for (a) the world trading system, (b) the world monetary system (c) the business strategy of today’s European and U.S. global corporations, and (d) global commodity prices.…

    • 666 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The World Trade Organization, (WTO), is the primary international body to help promote free trade, by drawing up the rules of international trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. However, it has been mired in controversy and seen to be hijacked by rich country interests, thus worsening the lot of the poor and inviting protest and intense criticism. Where countries have faced trade barriers and wanted them lowered, the negotiations have helped to open markets for trade. But the WTO is not just about opening markets, and in some circumstances its rules support maintaining trade barriers — for example, to protect consumers or prevent the spread of disease. (Subramanian & Wei, 2007).…

    • 629 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Economic Growth in China

    • 539 Words
    • 3 Pages

    Economic Growth in China has been steady. There have been many things that has contributed to the growth. The fact that China has one of the highest populated areas in all the world. That they have lead the way in technology manufacturing for the past 10 years. There have been many things but none more powerful than the geographical features that have push them. These major features are the mountains, desert, steppes and plains. Also the rivers and the location of the sea to the west. All working together to play a huge role in the great economic expansion of China.…

    • 539 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    ◆During the first thirty years since the founding of the People's Republic in 1949, Foreign trade did not account for a large part of the Chinese economy . The early 50’s of last century, China’s economy is in a recovery period, the total imports and exports remain in a low level which is less than 20 billion dollars. During the 1950s and 1960s, the total value of foreign trade was only about 2 percent of the gross national product (GNP).…

    • 369 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Dr Yinhua MAI Centre of Policy Studies, Monash University Professor Philip ADAMS Centre of Policy Studies, Monash University Dr Mingtai FAN Chinese Academy of Social Sciences Professor Ronglin LI Nankai University Dr Zhaoyang ZHENG Nankai University…

    • 21061 Words
    • 85 Pages
    Good Essays
  • Satisfactory Essays

    Eu-China Relationship

    • 778 Words
    • 4 Pages

    I. The trade between the two parties has been developing in a stunning speed. Trade relations are rather good. From January to October 2004, bilateral trade volume reached $1421 billion, which increased 34.4% comparing with the same period last year. China is now EU’s second largest trade partner, while EU has become…

    • 778 Words
    • 4 Pages
    Satisfactory Essays