Clash of powers US-China rivalry in global trade governance

The US-China trade war instigated by President Trump has thrown the multilateral trading system into a crisis. Drawing on vast interview and documentary materials, Hopewell shows how US-China conflict had already paralyzed the system of international rules and institutions governing trade. The China...

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Bibliographic Details
Main Author: Hopewell, Kristen
Format: eBook
Language:English
Published: Cambridge, United Kingdom ; New York, NY Cambridge University Press 2020
Subjects:
Online Access:
Collection: Cambridge Books Online - Collection details see MPG.ReNa
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245 0 0 |a Clash of powers  |b US-China rivalry in global trade governance  |c Kristen Hopewell 
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300 |a xii, 249 pages  |b digital 
505 0 |a Introduction -- The Doha Round impasse -- The new politics of agricultural subsidies : a US-China battle -- The dragon in the world's oceans : fisheries subsidies -- Beyond the WTO : erosion of the export credit arrangement -- Negotiating in the dragon's shadow : export credit for coal plants -- Conclusion 
651 4 |a United States / Foreign economic relations 
651 4 |a China / Foreign economic relations 
653 |a International trade / Political aspects 
653 |a Balance of power 
653 |a Hegemony 
653 |a Commercial policy 
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520 |a The US-China trade war instigated by President Trump has thrown the multilateral trading system into a crisis. Drawing on vast interview and documentary materials, Hopewell shows how US-China conflict had already paralyzed the system of international rules and institutions governing trade. The China Paradox - the fact that China is both a developing country and an economic powerhouse - creates significant challenges for global trade governance and rule-making. While China demands exemptions from global trade disciplines as a developing country, the US refuses to extend special treatment to its rival. The implications of this conflict extend far beyond trade, impeding pro-development and pro-environment reforms of the global trading system. As one of the first analyses of the implications of US-China rivalry for the governance of global trade, this book is crucial to our understanding of China's impact on the global trading system and on the liberal international economic order