Political Geography: Shanghai / Topic: International Trade and Finance

Author:: John H. Makin
Publication Date:: 12-2009
Content Type:: Policy Brief
Institution:: American Enterprise Institute for Public Policy Research
Abstract:: A new truth of geopolitics has emerged during 2009. It is that the complex and rapidly evolving Sino-American relationship has become the most important bilateral relationship either country has. To this observation, made recently by William C. McCahill Jr. in the November 13 special issue of The China Report, must be added another claim: the course of the Sino-American relationship in both the economic and the political spheres will play a growing role in determining the levels of global economic and geopolitical stability. Trips like President Barack Obama's three-day visit to Shanghai and Beijing November 15–17 will probably be made with increasing frequency in coming years.
Topic:: International Relations, Foreign Policy, Diplomacy, International Political Economy, International Trade and Finance, and Bilateral Relations
Political Geography:: United States, China, America, Shanghai, and Beijing

Publication Date:: 10-2001
Content Type:: Policy Brief
Institution:: Oxford Analytica
Abstract:: Pacific Rim leaders on October 21 signed an accord to re-invigorate progress towards free trade and investment in the region. The Shanghai Accord marks the Asia-Pacific Economic Cooperation (APEC) forum's effort to stimulate a flagging liberalisation agenda and to show leadership in promoting regional recovery. However, the accord may exacerbate the risk of further fracturing the diverse grouping. It will be difficult for APEC to move forward on trade liberalisation given that the organisation's own formulation of consensual, unbound liberalisation has proved unsuccessful in periods of economic crisis. The pathfinder initiative may re-energise the process but at the risk of APEC's fragmentation and without addressing the problems of some members' hesitation and lack of political will for domestic structural reform.
Topic:: Economics, International Trade and Finance, and Politics
Political Geography:: Shanghai and Asia

Author:: Chen Yixin
Publication Date:: 01-2000
Content Type:: Policy Brief
Institution:: Chatham House
Abstract:: Recent years have seen increasing liberalization of trade in financial services associated with the GATT / WTO negotiations. The Agreement concluded on 13 December 1997 by 70 WTO members will result in a significant impact on the financial services sector for these members. Although China has not yet been admitted to membership of the WTO, it has come under pressure to open its financial services market. Market access in this sector has been not only one of the major issues in its WTO accession talks, but also intrinsically linked to China's ongoing domestic financial system reforms, consistent with the gradualist scheme for its overall economic reform. China has been liberalizing its financial services sector, but only gradually. This paper outlines the reforms in its financial sector since 1979, and then offers an explanation for the slow speed of reform .
Topic:: Economics and International Trade and Finance
Political Geography:: China and Shanghai

Refine your search