Open AccessC hina's Role in A sia's Free Trade Agreements
Author(s) -
He Fan,
Yang Panpan
Publication year - 2015
Publication title -
asia and the pacific policy studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.529
H-Index - 14
ISSN - 2050-2680
DOI - 10.1002/app5.66
Subject(s) - negotiation , international trade , economics , general partnership , international economics , free trade , free trade agreement , political science , law , finance
Abstract A new wave of regional trade negotiations have sprung up in the A sia‐ P acific region. C hina faces challenges and opportunities simultaneously. On the one hand, if C hina is excluded from major regional trade agreements, such as Trans‐Pacific Partnership, it may hurt C hina's future growth. On the other hand, C hina can utilise the opportunities of regional trade negotiations to shape the new rules of international trade from the very early stage. Regional trade negotiations are also important for C hina because it needs further opening up to facilitate the domestic economic reform.