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China's New Regional Trade Agreements

Author

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  • Agata Antkiewicz
  • John Whalley

Abstract

This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the WTO in 2002. Agreements are in place with Hong Kong, Macao, ASEAN, Australia, and New Zealand, and are either in negotiation or under discussion with South Africa, Chile, India, and the Gulf Cooperation Council. These agreements differ sharply in form and substance, and involve process commitments to ongoing negotiation and cooperation on a wide range of issues. Differences relating to the regional agreements negotiated by the EU and the US are emphasized, as are later potential difficulties these agreements create in moving to an Asian trade bloc centred on them.

Suggested Citation

  • Agata Antkiewicz & John Whalley, 2004. "China's New Regional Trade Agreements," NBER Working Papers 10992, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:10992
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    References listed on IDEAS

    as
    1. Jeffrey J. Schott (ed.), 2004. "Free Trade Agreements: US Strategies and Priorities," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 375.
    2. Paul Brenton & Miriam Manchin, 2003. "Making EU Trade Agreements Work: The Role of Rules of Origin," The World Economy, Wiley Blackwell, vol. 26(5), pages 755-769, May.
    3. Glenda Mallon & John Whalley, 2004. "China's Post Accession WTO Stance," NBER Working Papers 10649, National Bureau of Economic Research, Inc.
    4. John Whalley, 2003. "Liberalization in China's Key Service Sectors Following WTO Accession: Some Scenarios and Issues of Measurement," NBER Working Papers 10143, National Bureau of Economic Research, Inc.
    5. Long Yongtu, 2000. "On the Question of Our Joining the World Trade Organization," Chinese Economy, Taylor & Francis Journals, vol. 33(1), pages 5-52, January.
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    Cited by:

    1. Gary Clyde Hufbauer & Yee Wong, 2005. "Prospects for Regional Free Trade in Asia," Working Paper Series WP05-12, Peterson Institute for International Economics.
    2. Dayaratna, Banda O.G. & Whalley, John, 2005. "Beyond Goods and Services: Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent FTAs Involving ASEAN Countries," Working Papers 24153, Canadian Agricultural Trade Policy Research Network.
    3. Christian Milelli, 2005. "The surge of Preferential Trade Agreements across Asia: What is at stake?," Post-Print halshs-00139467, HAL.
    4. Tanja A. Börzel, 2011. "Comparative Regionalism - A New Research Agenda," KFG Working Papers p0028, Free University Berlin.
    5. Christopher Edmonds & Sumner J. La Croix & Yao Li, 2006. "The China's Rise as an International Trading Power," Economics Study Area Working Papers 88, East-West Center, Economics Study Area.
    6. Roy, Martin & Marchetti, Juan & Lim, Hoe, 2006. "Services liberalization in the new generation of Preferential Trade Agreements (PTAs): How much further than the GATS?," WTO Staff Working Papers ERSD-2006-07, World Trade Organization (WTO), Economic Research and Statistics Division.
    7. Agata Antkiewicz & John Whalley, 2006. "BRICSAM and the non–WTO," The Review of International Organizations, Springer, vol. 1(3), pages 237-261, September.
    8. Chad P. Bown & Meredith A. Crowley, 2004. "China's export growth and U.S. trade policy," Working Paper Series WP-04-28, Federal Reserve Bank of Chicago.
    9. John Whalley, 2008. "Recent Regional Agreements: Why So Many, Why So Much Variance in Form, Why Coming So Fast, and Where Are They Headed?," The World Economy, Wiley Blackwell, vol. 31(4), pages 517-532, April.
    10. Françoise Nicolas, 2008. "The political economy of regional integration in East Asia," Economic Change and Restructuring, Springer, vol. 41(4), pages 345-367, December.
    11. Hae-du Hwang & Xiangshuo Yin, 2008. "Recent developments on RTAs in North East Asia," Asia Europe Journal, Springer, vol. 6(3), pages 455-466, November.
    12. Jonathan Munemo, 2013. "Trade between China and South Africa: Prospects of a Successful SACU-China Free Trade Agreement," African Development Review, African Development Bank, vol. 25(3), pages 303-329, September.
    13. Jorge F. Garzón, 2015. "Latin American Regionalism in a Multipolar World," RSCAS Working Papers 2015/23, European University Institute.
    14. McDonald, Scott & Robinson, Sherman & Thierfelder, Karen, 2008. "Asian Growth and Trade Poles: India, China, and East and Southeast Asia," World Development, Elsevier, vol. 36(2), pages 210-234, February.
    15. Fuchs, Andreas, 2016. "China’s Economic Diplomacy and the Politics-Trade Nexus," Working Papers 0609, University of Heidelberg, Department of Economics.
    16. Eckhardt, Jappe & Serrano, Omar, 2014. "Economic Integration and Rivalry in Asia: Comparing Regional Trade Strategies of China and India," Papers 762, World Trade Institute.
    17. Nguyen, Hong-Oanh & Tongzon, Jose, 2010. "Causal nexus between the transport and logistics sector and trade: The case of Australia," Transport Policy, Elsevier, vol. 17(3), pages 135-146, May.
    18. Biswa N Bhattacharyay & Swapan K. Bhattacharya, 2010. "Free Trade Agreement between People’s Republic of China and India: Likely Impact and Its Implications to Asian Economic Community," Working Papers id:3272, eSocialSciences.
    19. Pearson, Joseph & Viviers, Wilma & Cuyvers, Ludo & Naudé, Wim, 2010. "Identifying export opportunities for South Africa in the southern engines: A DSM approach," International Business Review, Elsevier, vol. 19(4), pages 345-359, August.
    20. Biswa N. Bhattacharyay, 2006. "Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia," CESifo Working Paper Series 1856, CESifo Group Munich.
    21. Kalirajan Kaliappa & Paudel Ramesh, 2015. "India’s Trade Deficit with China: Will Free Trade Agreement (FTA) Work for India?," Global Economy Journal, De Gruyter, vol. 15(4), pages 485-505, December.

    More about this item

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F10 - International Economics - - Trade - - - General
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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