Post Wto Economic Effects On State Owned Enterprises In China


Post Wto Economic Effects On State Owned Enterprises In China
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Post Wto Economic Effects On State Owned Enterprises In China


Post Wto Economic Effects On State Owned Enterprises In China
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Author : Ben Beiske
language : en
Publisher: diplom.de
Release Date : 2003-10-21

Post Wto Economic Effects On State Owned Enterprises In China written by Ben Beiske and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10-21 with Business & Economics categories.


Inhaltsangabe:Abstract: The importance of the World Trade Organisation (WTO) for international free trade today has enticed China to join the WTO in December 2001. The significance of WTO membership for China cannot be underestimated, inevitably speeding up much-needed economic reform in the country. The gradual transition from a planned- to a market-economy is expected to continue in the future. The severity of the impacts for the economy will depend on how successful China is in providing policies that will assist the nation in the major adjustment problems that it faces in the future. The expected, actual, and needed implications for China s state-owned enterprises (SOEs) resulting from WTO membership will be investigated in detail; in the process, the significance of SOEs to the Chinese economy will be highlighted. SOEs are mostly ill- prepared for a post-WTO China, and the dismal state of these companies has already led to the decline of market share in the past decade. For the future, the retreat of the state is likely to continue. The main implications for SOEs from China s WTO membership are seen in the areas of competitiveness, corporate governance, privatisation, mergers and acquisitions, property rights, unemployment, and attracting and retaining qualified personnel. This dissertation offers one of the first detailed insights into the challenges facing China s SOEs today and the implications of China s WTO membership for these companies, while also highlighting the areas that require future attention. The understanding of the role and meaning of SOEs for the Chinese economy is of immense importance for foreign investors wanting to invest in the country, already cooperating with China s SOEs, or looking into the possibility of such. Inhaltsverzeichnis:Table of Contents: I.Table of Contents II.LIST OF TABLESIV III.LIST OF FIGURESV IV.GLOSSARYVI 1.INTRODUCTION1 1.1AIM &OBJECTIVES2 1.2OVERALL RESEARCH APPROACH3 1.3STRUCTURE OF THE DISSERTATION3 2.THE WTO & FREE TRADE4 2.1CHAPTER INTRODUCTION4 2.2THE WTO4 2.2.1UNDERSTANDING THE WTO4 2.2.2THE STRUCTURE &WORKING OF THE WTO7 2.2.3SIGNIFICANCE OF JOINING THE WTO13 2.3CHAPTER CONCLUSION16 3.CHINA & THE WTO18 3.1CHAPTER INTRODUCTION18 3.2CHINA S LONG MARCH TO WTO MEMBERSHIP18 3.2.1PROLONGED DIFFICULTIES19 3.2.2FINAL ACCESSION21 3.3CHAPTER CONCLUSION22 4.METHODOLOGY23 4.1CHAPTER INTRODUCTION23 4.2OVERALL RESEARCH APPROACH23 4.2.1OBJECTIVITY, VALIDITY & [...]



The Difficulties Surrounding China S Accession To The World Trade Organisation And The Likely Impacts On China S Economy In Post Wto China


The Difficulties Surrounding China S Accession To The World Trade Organisation And The Likely Impacts On China S Economy In Post Wto China
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Author : Ben Beiske
language : en
Publisher: GRIN Verlag
Release Date : 2003-07-17

The Difficulties Surrounding China S Accession To The World Trade Organisation And The Likely Impacts On China S Economy In Post Wto China written by Ben Beiske and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-07-17 with Political Science categories.


Seminar paper from the year 2003 in the subject Politics - International Politics - Topic: International Organisations, grade: 1.6 (A), University of Manchester (Manchester School of Management), course: Manchester School of Management, language: English, abstract: What were the difficulties surrounding China’s accession to the World Trade Organisation (WTO)? Why has it taken the People’s Republic of China (PRC) over 15 years to join? What are the expected benefits and disadvantages of joining? What changes is WTO membership likely to bring to China’s economy in the future? These are the question this paper will address. WTO accession by China is often seen as the most significant event about China in the last decade, even ahead of the Taiwan Independence issue, which continues to penetrate world news periodically. Since the end of the Cultural Revolution in 1978, China has been on a course of economic reform. Today, Chinese are richer than ever before in history, with the country itself having experienced extended periods of extraordinary growth. Specifically, this report will highlight China’s first attempts to join the WTO more than 15 years ago in chapter two. Chapter three will focus on the main areas of difficulty surrounding WTO accession, while chapter four will comment on the final accession in December 2001. The expected economic advantages and disadvantages for China will be discussed in chapter five; finally, chapter six will offer a brief future outlook for China, again mainly from an economic perspective.



China S Wto Accession And The Impact On Its Large Manufacturing Enterprises


China S Wto Accession And The Impact On Its Large Manufacturing Enterprises
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Author : Guy Shaojia Liu
language : en
Publisher: World Scientific
Release Date : 2001

China S Wto Accession And The Impact On Its Large Manufacturing Enterprises written by Guy Shaojia Liu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Political Science categories.


The greatest success of Chinese enterprise reform has been the creation of market competition. Competition has forced the state to retreat from non-strategic sectors and increased private ownership in the industry. This development has created ownership diversification in the Chinese industry, which is in line with the leadership's 2-R (?Retreat and Retain?) enterprise reform policy. The ownership diversification is a distinction of the reformed economy, called ?a socialist economy with Chinese characteristics?. The backbone of the economy is the large state firms in strategic sectors, largely shielded from international competition, in which most of them have been coping well with the domestically competitive environment. After China's entry to the WTO, can these firms still maintain their market dominance once all forms of protection are dismantled? Are Chinese firms ready for direct competition with their foreign rivals in the manufacturing sector? Will FAW, China's No. 1 state-owned automotive corporation, be defeated on its home ground by its foreign rivals in a freely accessed market? The core of these questions is about the sustainability of diversified ownership in the economy after it is integrated with the world trading system. Who will dominate the Chinese industry after the WTO entry: foreign or private ownership? The question is addressed by applying the market structure and entry theory of industrial economics, since WTO accession will basically result in change in both the market type and the market structure of the industry. Based on this, the study developed the market share testing theory to assess the competitiveness of dominant incumbents according to the type of market. The overall finding is that most large state incumbents will survive but their survival strategy will be changed from single ownership control to mixed ownership control. Thus, it is expected that more joint ventures between foreign and large state-owned firms will emerge in the post-WTO-entry economy. But whether such firms will evolve into foreign-controlled state-owned firms is an interesting question which remains to be answered.



China S Economy In The Post Wto Environment


China S Economy In The Post Wto Environment
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Author : Lilai Xu
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011-10-01

China S Economy In The Post Wto Environment written by Lilai Xu and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-01 with Business & Economics categories.


China s Economy in the Post-WTO Environment comprises a set of concise and comprehensive chapters by leading specialists on the Chinese economy. The book explores the implications of both the extension of the market into key parts of the Chinese economy and the integration of China into the global economy. The main focus of the book is on the role and nature of China s financial system and its ability to transform enterprise and household behaviour and the performance of investment finance, notably in the context of a two-way flow of foreign direct investment. All the extensive chapters highlight the issue of sustainability some see the incompleteness of market reform as a problem; others are more willing to accept a pragmatic blending of the operation of the free market and government intervention. Containing up-to-the-minute data, this book will appeal to academic researchers who are engaged in research, as well as teaching and learning, in the fields of business studies, the Chinese economy, international business and Asia-Pacific economies. Academics and students in economics and business and business people who have an interest in China will also find much to interest them in this unique book.



Reforming Wto Rules On State Owned Enterprises


Reforming Wto Rules On State Owned Enterprises
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Author : Yingying Wu
language : en
Publisher: Springer
Release Date : 2019-01-28

Reforming Wto Rules On State Owned Enterprises written by Yingying Wu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-28 with Law categories.


This book argues that the trade-distorting effects of advantages associated with SOEs are more severe from an economic perspective, and the behavior of SOEs after receiving advantages is of more concern, compared to private-owned enterprises (POEs). The premise is that the existence of SOEs per se is not the essential problem; rather, the underlying problems are (i) the disproportionate granting of advantages to SOEs (compared to POEs) and (ii) the behavior of SOEs once they receive advantages. The book offers a systematic analysis focusing on the various advantages granted to SOEs and their subsequent behavior. Its detailed analysis reveals the inadequacy of current WTO rules and is complemented by a number of concrete proposals.



The Chinese Economy After Wto Accession


The Chinese Economy After Wto Accession
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Author : Shuanglin Lin
language : en
Publisher: Routledge
Release Date : 2016-03-23

The Chinese Economy After Wto Accession written by Shuanglin Lin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-23 with Business & Economics categories.


This book provides an analysis of the Chinese economy in the context of globalization after China's admission to the WTO. In four parts it addresses globalization, privatization, fiscal policy and financial development. In depth analysis is also given to international trade, industrial development as well as economic performance and the labour market. The Chinese Economy after WTO Accession is a comprehensive study supported by recent data and quantitative analysis. It provides a solid basis for better understanding the possible future directions of China's economy. This volume is an indispensable source for scholars and students alike.



China And The Wto


China And The Wto
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Author : Supachai Panitchpakdi
language : en
Publisher: John Wiley & Sons
Release Date : 2002-01-25

China And The Wto written by Supachai Panitchpakdi and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-25 with Business & Economics categories.


This work analyses the implications for world trade of China's entry into the World Trade Organization. It has taken fifteen long years of dialogue and heated debate and it will take its place among the other members at the end of 2001. This momentous event is relayed by the next WTO Chairman.



China In The Global Economy Agricultural Policies In China After Wto Accession


China In The Global Economy Agricultural Policies In China After Wto Accession
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2002-09-12

China In The Global Economy Agricultural Policies In China After Wto Accession written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-12 with categories.


This book presents the proceedings of an OECD conference reflecting on how China can best manage its reform process under WTO integration.



China And The Wto


China And The Wto
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Author : Matthias Bauer
language : en
Publisher: GRIN Verlag
Release Date : 2008-04-21

China And The Wto written by Matthias Bauer and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-21 with Business & Economics categories.


Essay from the year 2007 in the subject Business economics - General, grade: 1,3, University of Hull (Business School ), course: International Business, language: English, abstract: After the formal acceptance of China to the World Trade Organization (WTO) on 11 December in 2001, the majority of Chinese and Western press praised the mammoth progress in the ambition to worldwide international free trade (Solinger, 2003). Mike Moore, the former Director-General of the WTO, proclaimed the advantages of China’s access to the WTO in an acutely optimistic way: “The benefits for China are clear. Opening its markets to foreign trade and investment will make it richer.” (Moore, 2000). The Chinese government also perceived the potential advantages for domestic economy. On the one hand foreign trading partners would enlarge their business activi-ties in China, if China’s authorities and businesses would operate within agreed rules and standards. Thus the increasing trade revenues could stimulate economic growth and development. On the other hand China could increase its political power by verifying to be a member of the community of the great trading nations which further would encour-age the Chinese as well as the Asian influence on world’s policy on trade (Holton; Lin, 1998). The entry to the WTO exerts great impact on China’s businesses; small and medium sized firms as well as on state-owned enterprises. The Chinese companies more and more become element of international added value chains. International competition influences the efficiency of companies and privatization not stops in front of the doors of state companies. The paper will present what it took China to join the WTO and point out the main effects for the Chinese manufacture, financial and agriculture sector.



China In The Global Economy China In The World Economy The Domestic Policy Challenges


China In The Global Economy China In The World Economy The Domestic Policy Challenges
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2002-04-23

China In The Global Economy China In The World Economy The Domestic Policy Challenges written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-04-23 with categories.


Drawing on the experiences of OECD Members over the past 50 years, and the Organisation’s extensive work with non-Member economies around the world, this landmark study provides readers with a comprehensive view of the interrelated domestic policy issues at stake and specific recommendations.