E-book available onsite via STACKS.
"The USA and China, the world's largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war. The first section of the book looks at the impact of the trade war on the global economy. It goes deeper to examine the trade war impact on the South Asian region. It is well-known that any imposition of new tariffs or an increase in existing tariffs would make imports more costly and render the exported goods less competitive. Yet, the book posits that the trade war has provided a window of opportunity to other countries not caught in it. The South Asian region, with countries like Bangladesh, India and Sri Lanka, has actually reaped benefits from the widening trade dispute between the world's two biggest economies. This book will be a useful reference to help policymakers to undertake informed decisions and initiate programs to minimise the trade war impact"-- Provided by publisher.

China and International Commercial Dispute Resolution presents important contributions from eminent legal scholars from Europe, the United States, Australia, South America, and China in a variety of areas of international commercial law with relevance to China. The authors provide expert analyses from a number of perspectives - doctrinal, comparative, empirical, economic, and legal - on an array of issues, private and public, involved in or arising from international commercial dispute resolution in China.

Why, and how, do states obey international law? This engaging book tackles this very question head on via its examination of the conflicting and conciliating processes of the Chinese approach to litigation and the Western approach to legal orientation in the field of the WTO dispute settlement mechanism. The authors examine the normative framework of WTO rule implementation in a globalised international economic order. They further explore the notion of the rule of law in China's Confucian system, and how it interacts with a rule-based world trading system. Topics discussed include theorising the WTO implementation regime, the Chinese approach to law, China and the WTO dispute settlement system, and Chinese Confucianism and compliance.With its focus on international economic law and political science, this book will be accessible to students, policy makers, practitioners and academics looking to understand China and the rule of law in a global context

Trade War is the world's first full-length legal and interdisciplinary analysis of the U.S.-China trade war. It is the result of five years of research, dating back to the start of the trade war in March 2018. All of the big-picture themes and trends, and vital technical details, are explained with clarity and precision. The twenty-two chapters are logically organized into three parts, proceeding chronologically through tariff, non-tariff, and future battles. Trade-related matters, including industrial policy, human rights, Hong Kong, and "Cold War" characterizations, are amply discussed. Special care is taken to understand the perspectives of China, as well as those of major third countries such as India.

This book examines the state of China's trade agreements with various regions of the world and the strategy and rationale behind them. In its campaign to sign free trade agreements, China is slowly moving from small, developing countries to more advanced economies. However, China's approach to preferential trade is inconsistent and not fully understood. This book outlines China's strategy and key factors influencing its policy in the pursuit of free trade agreements and offers considerations for the U.S. government. Moreover, the book provides an overview of U.S.-China commercial relations, including major trade disputes, and examines China's recent emergence as a major agricultural importer and its implications for global markets.

The United States of America and the Peoples' Republic of China are the world's leading economies. As such, if one wishes to understand the global economy, he or she must consider the economic relationship between these two countries. Chapter One examines the complex trade interrelationship among the US, China, and Africa, and the impact this system has on Africa's development. Chapter Two analyses the overall situation of the development of the Sino-US trade by examining the history of trade between China and the US starting from the late 18th century. Chapter Three provides an overview of the trade war between China and the United States and illustrates the impact of this conflict on Latin America.

Dealing with a topic that has attracted significant media attention, this highly accessible book provides a detailed analysis of the trade dispute between China and the US. While the Americans accuse China of damaging their economy, the Chinese claim their policies are legitimate and that the US has no right to dictate how the Chinese economy should be run. Imad Moosa addresses contentious issues including: whether the Chinese currency is undervalued, whether the undervaluation of the yuan, should it exist, is the cause of the US trade deficit with China (hence revaluation being a justifiable cure) and whether Chinese economic policies are immoral and illegal according to IMF and WTO rules. This challenging and thought provoking book will prove a stimulating read for academics, researchers, students and policymakers with an interest in international economics, international finance, political economy and Asian studies.

Table of contents

Since its accession to the WTO, China has become the United States' third-largest trading partner and the sixth-largest market for US exports. Between 2000 and 2005, US imports from China rose from $100 billion to $243 billion, while US exports to China climbed from $16 billion to $42 billion. As China continues its rise as a great power, The United States Congress and the administration wrestle with one another over the proper tactics and strategies to shape US-China economic relations. What major disputes now, and looming on the horizon, will shape future US-China relations; and what can be done to solve, or at the very least to manage, them? This important new book examines these issues and offers suggestions for both sides.