[PDF] Taiwans Accession To The Wto And Its Economic Relations With The United States And China eBook

Author :
Publisher :
Page : 6 pages
File Size : 33,11 MB
Release : 2004
Category : Taiwan
ISBN :

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After several years of negotiations, Taiwan joined the World Trade Organization (WTO), the international organization that sets rules for most international trade, on January 1, 2002. China fought to allow Taiwan to join the WTO only as a "separate customs territory" and only after China obtained membership (which it did in December 2001). Trade and investment relations between China and Taiwan have boomed in recent years; China has replaced the United States as Taiwan's export market. However, political tensions between China and Taiwan remain high. In an effort to further boost U.S.-Taiwan economic ties (and to lessen Taiwan2s growing economic dependency on the mainland), some Members of Congress have indicated support for a U.S.-Taiwan free trade agreement (FTA). This report will be updated as events warrant.

Author : Julian Chang
Publisher : World Scientific
Page : 392 pages
File Size : 39,96 MB
Release : 2007-07-26
Category : Political Science
ISBN : 981447763X

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This book provides a discussion of the general impact of WTO membership on both sides of the Taiwan Strait, and addresses the political and economic impact on cross-Strait relations of common membership.The book begins with an introduction which analyzes the state of cross-Strait economic and political relations on the eve of dual accession to the WTO and briefly introduces the chapters which follow. The first chapter discusses the concessions made by both sides in their accession agreements and is followed by two chapters which describe the manner in which the Taiwan economy was reformed to achieve compliance as well as the specific, restrictive trade regime that was put into place to manage mainland trade. The next two chapters deal with the implications of that restrictive trade regime for the Taiwan economy in Asia and with the nature of the interactions between the two sides within the WTO. The final four chapters of the volume examine the impact of membership on four sectors of the economy: finance; agriculture; electronics and automobiles. There is a post-script which briefly covers developments since the chapters were completed.

Author :
Publisher :
Page : 0 pages
File Size : 21,54 MB
Release : 2005
Category :
ISBN :

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After several years of negotiations, Taiwan joined the World Trade Organization (WTO), the international organization that sets rules for most international trade, on January 1, 2002. China fought to allow Taiwan to join the WTO only as a "separate customs territory" and only after China obtained membership (which it did in December 2001). Trade and investment relations between China and Taiwan have boomed in recent years; China has replaced the United States as Taiwan's export market. However, political tensions between China and Taiwan remain high. In an effort to further boost U.S.-Taiwan economic ties (and to lessen Taiwan's growing economic dependency on the mainland), some Members of Congress have indicated support for a U.S.-Taiwan free trade agreement (FTA). This report will be updated as events warrant.

Author : Petros C. Mavroidis
Publisher : Princeton University Press
Page : 262 pages
File Size : 29,29 MB
Release : 2021-01-05
Category : Business & Economics
ISBN : 0691206597

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"China's accession to the World Trade Organisation (WTO) in 2001 was hailed as the natural conclusion of a long march that started with the reforms introduced by Deng Xiaoping in the 1970s. However, China's participation in the WTO since joining has been anything but smooth, and its self-proclaimed "socialist market economy" system has alienated many of its global trading partners - as recent tensions with the United States exemplify. Prevailing diplomatic attitudes tend to focus on two diametrically opposing approaches to dealing with the emerging problems: the first is to demand that China completely overhaul its economic regime; the second is to stay idle and accept that the WTO must accommodate different economic regimes, no matter how idiosyncratic and incompatible. In this book, Mavroidis and Sapir propose a third approach. They point out that, while the WTO (as well as its predecessor, the General Agreement on Tariffs and Trade [GATT]) has previously managed the accession of socialist countries or of big trading nations, it has never before dealt with a country as large or as powerful as China. Therefore, in order to simultaneously uphold its core principles and accommodate China's unique geopolitical position, the authors argue that the WTO needs to translate some of its implicit legal understanding into explicit treaty language. Focusing on two core complaints - that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies (both private as well as SOEs) impose forced technology transfer on foreign companies as a condition for accessing the Chinese market - they lay out their specific proposals for successful legislative amendment"--.

Author : Philip Crane
Publisher : DIANE Publishing
Page : 135 pages
File Size : 44,2 MB
Release : 2001-07
Category :
ISBN : 0756712823

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Witnesses: John J. Sweeney, AFL-CIO; George M. C. Fisher, Eastman Kodak Co. and Business Coalition for U.S.-China Trade; Harold "Terry" McGraw III, McGraw-Hill Companies and Emergency Committee for Amer. Trade; Frederick W. Smith, FDX Corp.; Robert A. Kapp, U.S.-China Business Council; Jack Valenti, Motion Picture Assoc. of Amer., Inc.; Sy Sternberg, N.Y. Life Insurance Co.; Neil E. Gambow, Jr., Post Glover Resistors Inc.; Steve Van Andel, U.S. Chamber of Commerce; George David, United Technologies Corp. and Business Coalition for U.S.-China Trade; and Steve Van Andel, Amway Corp. and U.S. Chamber of Commerce.

Author : Zhi Wang
Publisher :
Page : 0 pages
File Size : 12,27 MB
Release : 2002
Category :
ISBN :

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This paper evaluates the impact of China's WTO accession on trade and economic relation across the Taiwan Strait and its implications for rest of the world by a recursive dynamic, 17-region, 25-sector computable general equilibrium (CGE) model according to actual market access commitments that China and Taiwan have made to date. The simulation results show that both China and Taiwan will substantially benefit from their WTO memberships, and their economic interdependence and their dependence with rest of the world will further deepen. The rest of the world may also benefit because of the expansion of world trade and improvement of their international terms of trade, but some developing countries with a endowment structure similar to China, like those in South America and Southeast Asia, may experience keener competition in labor-intensive exports and lower prices for their products.

Author : Robert D. Hormats
Publisher : Council on Foreign Relations
Page : 46 pages
File Size : 10,26 MB
Release : 2001
Category : Business & Economics
ISBN :

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China's entry into the World Trade Organization (WTO) will offer considerable economic benefits both for China and the United States, as well as the opportunity to make progress on economic, security, and political issues in the Sino-American relationship. This report addresses how cooperation between the two countries on these issues can improve the prospects for U.S.-China relations in general.