The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA

The paper analyzes the following questions from a Chinese perspective: what are the characteristics of the China-Korea FTA? And what are their underlying considerations and implications? It argues, first, that the China-Korea FTA is characterized by expanded coverage, highlighted focus on services a...

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Main Author: WANG, Heng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
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Online Access:https://ink.library.smu.edu.sg/sol_research/4480
https://ink.library.smu.edu.sg/context/sol_research/article/6438/viewcontent/ssrn_2763641.pdf
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spelling sg-smu-ink.sol_research-64382024-07-17T06:59:15Z The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA WANG, Heng The paper analyzes the following questions from a Chinese perspective: what are the characteristics of the China-Korea FTA? And what are their underlying considerations and implications? It argues, first, that the China-Korea FTA is characterized by expanded coverage, highlighted focus on services and investment, increased non-trade concerns of competition and environment, and enhanced good governance norms. Generally the features are not fully developed largely due to the gentle pace of the China-Korea FTA. Among the features, good governance is more salient than others. Second, these features may be attributable to a variety of factors, particularly the response to trade practice and disputes, the impact of other trade agreements, and the need of economic transformation of China. Third, these characteristics may face challenges particularly those regarding the implementation and interpretation of relevant obligations. Finally, these traits may represent some of the future direction of China’s FTAs, and the goal of a high-level FTA will remain a guiding force. New development will be made in areas such as services and investment. Besides relevant initiatives of China, mega FTAs may have more impact. 2016-03-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/sol_research/4480 https://ink.library.smu.edu.sg/context/sol_research/article/6438/viewcontent/ssrn_2763641.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University China-Korea FTA features mega FTAs good governance non-trade concerns services investment Asian Studies International Trade Law
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic China-Korea FTA
features
mega FTAs
good governance
non-trade concerns
services
investment
Asian Studies
International Trade Law
spellingShingle China-Korea FTA
features
mega FTAs
good governance
non-trade concerns
services
investment
Asian Studies
International Trade Law
WANG, Heng
The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA
description The paper analyzes the following questions from a Chinese perspective: what are the characteristics of the China-Korea FTA? And what are their underlying considerations and implications? It argues, first, that the China-Korea FTA is characterized by expanded coverage, highlighted focus on services and investment, increased non-trade concerns of competition and environment, and enhanced good governance norms. Generally the features are not fully developed largely due to the gentle pace of the China-Korea FTA. Among the features, good governance is more salient than others. Second, these features may be attributable to a variety of factors, particularly the response to trade practice and disputes, the impact of other trade agreements, and the need of economic transformation of China. Third, these characteristics may face challenges particularly those regarding the implementation and interpretation of relevant obligations. Finally, these traits may represent some of the future direction of China’s FTAs, and the goal of a high-level FTA will remain a guiding force. New development will be made in areas such as services and investment. Besides relevant initiatives of China, mega FTAs may have more impact.
format text
author WANG, Heng
author_facet WANG, Heng
author_sort WANG, Heng
title The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA
title_short The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA
title_full The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA
title_fullStr The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA
title_full_unstemmed The features of China's recent FTA and their implications: An anatomy of the China-Korea FTA
title_sort features of china's recent fta and their implications: an anatomy of the china-korea fta
publisher Institutional Knowledge at Singapore Management University
publishDate 2016
url https://ink.library.smu.edu.sg/sol_research/4480
https://ink.library.smu.edu.sg/context/sol_research/article/6438/viewcontent/ssrn_2763641.pdf
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