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Reviewing Trade Policy in China During the Transition to Balanced Economic Growth
Author(s) -
SánchezFung José R.
Publication year - 2016
Publication title -
the world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/twec.12476
Subject(s) - china , renminbi , economics , recession , economic integration , free trade , international trade , commercial policy , international economics , great recession , trade barrier , sustainable growth rate , world trade , international free trade agreement , exchange rate , macroeconomics , political science , keynesian economics , finance , law
The paper reviews the World Trade Organization's analysis of developments in China's trade policy during 2012–14. The review overlaps with the continuing Great Recession and with China's determination to foster a sustainable rate of economic growth. Developments in the country's trade policy include the launching of the Shanghai pilot free trade zone. China faces a series of trade policy‐related challenges including the complex process necessary to internationalise the renminbi.