Schism

Schism

Author: Paul Blustein

Publisher: McGill-Queen's Press - MQUP

Published: 2019-09-10

Total Pages: 249

ISBN-13: 1928096867

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China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.


China's Growing Role in World Trade

China's Growing Role in World Trade

Author: Robert C. Feenstra

Publisher: University of Chicago Press

Published: 2010-03-10

Total Pages: 603

ISBN-13: 0226239721

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In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.


Hidden Slaves

Hidden Slaves

Author: Barry Leonard

Publisher:

Published: 2004-12

Total Pages: 67

ISBN-13: 9780756745165

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Forced labor is a serious & pervasive problem in the U.S. At any given time 10,000 or more people work as forced laborers in cities & towns across the country, & it is likely that the actual number is much higher, possibly tens of thousands. Because forced labor is hidden, inhumane, widespread, & criminal, sustained & coordinated efforts by U.S. law enforce., social service providers, & the general public are needed to expose & eradicate this illicit trade. This report documents the nature & scope of forced labor in the U.S. from Jan. 1998 to Dec. 2003. It is the first study to examine the numbers, demographic characteristics, & origins of victims & perpetrators of forced labor in the U.S. & the adequacy of the U.S. response to this growing problem. Illus.


Migrant Labor in China

Migrant Labor in China

Author: Pun Ngai

Publisher: John Wiley & Sons

Published: 2016-04-22

Total Pages: 200

ISBN-13: 1509503382

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Long known as the world's factory, China is the largest manufacturing economy ever seen, accounting for more than 10% of global exports. China is also, of course, home to the largest workforce on the planet, the crucial element behind its staggering economic success. But who are China's workers who keep the machine running, and how is the labor process changing under economic reform? Pun Ngai, a leading expert in factory labor in China, charts the rise of China as a world workshop and the emergence of a new labor force in the context of the post-socialist transformations of the last three decades. The book analyzes the role of the state and transnational interests in creating a new migrant workforce deprived of many rights and social protection. As China increases its output of high-value, high-tech products, particularly for its own growing domestic market of middle-class consumers, workers are increasingly voicing their discontent through strikes and protest, creating new challenges for the Party-State and the global division of labor. Blending theory, politics, and real-world examples, this book will be an invaluable guide for upper-level students and non-specialists interested in China's economy and Chinese politics and society.


Superpower Showdown

Superpower Showdown

Author: Bob Davis

Publisher: HarperCollins

Published: 2020-06-09

Total Pages: 441

ISBN-13: 0062953060

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This is the inside story of the US–China trade war, how relations between these superpowers unraveled, darkening prospects for global peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, D.C., the other in Beijing, who have had more access to the decision makers in the White House and in China’s Zhongnanhai leadership compound than anyone else. The trade battle between China and the U.S. didn’t start with Trump and won’t end with him, argue Bob Davis and Lingling Wei. The two countries have a long and fraught political and economic history which has become more contentious over the past three years—an escalation that has negatively impacted both countries' economies and the world at large—and holds the potential for even more uncertainty and disruption. How did this stand-off happen? How much are U.S. presidents and officials who haven't effectively confronted or negotiated with China to blame? What role have Chinese leaders, and U.S. business leaders who for decades acted as Beijing’s lobbyists in Washington, played in driving tensions between the two countries? Superpower Showdown is the story of a romance gone bad. Uniquely positioned to tell the story, Davis and Wei have conducted hundreds of interviews with government and business officials in both nations over the seven years they have worked together writing for the Wall Street Journal. Analyzing U.S.–China relations, they explain how we have reached this tipping point, and look at where we could be headed. Vivid and provocative, Superpower Showdown will help readers understand the context of the trade war and prepare them for what may come next.


China's Economic Future

China's Economic Future

Author: Joint Economic Committee Congress of the United States

Publisher: Routledge

Published: 2016-12-05

Total Pages: 689

ISBN-13: 1315293315

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This is the latest Joint Economic Committee volume on the Chinese economy. With the current state of US-China relations and Hong Kong's accession in 1997, the study should provide policy makers in the USA with a useful tool in guiding economic policy toward China.