1st Edition

China's Entry into the World Trade Organisation

Edited By Peter Drysdale, Ligang Song Copyright 2000

    This volume provides a detailed up-to-date analysis of the strategic issues and policy options of China's accession to the WTO. Quantitative analysis demonstrates how tariff reduction resulting from China's accession to the WTO will benefit the Chinese economy as well as the rest of the world. The book argues that there is no single trade policy initiative likely to result in larger gains in international trade in the foreseeable future than China's accession to the WTO.

    Preface. Part I Strategic issues and policy choices 1. China's entry to the WTO: an overview Peter Drysdale and Ligang Song 2. China and the future of the International Trading System Ross Garnaut and Yiping Huang 3. Economic reform and development strategy in China Justin Yifu Lin 4. The WTO and China's trade strategies in the 1990's Yang Shengmin 5. Trade liberalisation and development of China's foreign trade Ligang Song 6. Agricultural policy adjustment in the process of trade liberalisation Wen Hai 7. The implications of China's membership of the WTO for industrial transformation Peter Drysdale Part II Impact of Trade Liberalisation: quantitative assessment. 8. China's entry to the WTO: a general equilibrium analysis of the recent tariff reductions Xiao-guang Zhang 9. China and the WTO: tariff offers, exemptions and welfare implications Christian F. Bach, Will Martin and Jennifer A. Stevens Spatz 10. China's trade liberalisation and structural adjustments for the world economy Feng Lei and Yiping Huang 11. China's textile and clothing exports in the post Uruguay round Zhong Chuansui and Yongzheng Yang 12. Rapid economic growth in China: implications for the world economy Warwick J. McKibbin and Yiping Huang

    Biography

    Peter Drysdale is one of Australia's foremost authorities on Australia's international trade and economic diplomacy. He is Executive Director of the Australia-Japan Research Centre (AJRC) in the Asia Pacific School of Economics and Management and Professor of Economics in the Research School of Pacific and Asian Studies at the Australian National University. He is responsible for an Australia-wide research program on economic relations with Japan and the Asia Pacific, involving research cooperation with economists in economies throughout the Asia Pacific region., Ligang Song is a specialist in applied international trade studies, the Chinese economy and the Asia Pacific economy. Dr Song is Director of the China Economy and Business Program and a Fellow at the Australia-Japan Research Centre in Asia Pacific School of Economics and Management and the Research School of Pacific and Asian Studies.