This comprehensive collection provides a remarkable wealth of information and a timely assessment of China’s economic development and integration with the global economy after WTO accession.
Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyse many important issues. These hotly debated topics include China’s economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand.
Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies as well as researchers in international trade and foreign investment.
About the Author
Edited by Chunlai Chen, Associate Professor, Policy and Governance Program, Crawford School of Public Policy, ANU College of Asia and the Pacific, The Australian National University, Australia
Table of Contents
1. China’s Economy After WTO Accession: An Overview
PART I: ECONOMIC GROWTH AND GLOBALIZATION
2. China’s Foreign Trade: Trends and Issues After WTO Accession
Kunwang Li and Xiaosong Wang
3. Capital Stock Estimates by Region and Sector
4. The WTO and China’s Transparency Requirements
5. What Does a Free Trade Area of the Asia-Pacific Mean to China?
Tingsong Jiang and Warwick McKibbin
PART II: FOREIGN DIRECT INVESTMENT AND EXCHANGE RATE
6. Characteristics of FDI Firms in China After WTO Accession
7. Foreign Banks in China: Market Segmentation and Expanded Presence in the Post-WTO Environment
8. The Impact of the RMB Revaluation on China and the World Economy
James Xiaohe Zhang
PART III: AGRICULTURAL TRADE AND ENERGY DEMAND
9. China’s Grain TRQs: Five Years Since WTO Accession
Zhangyue Zhou and Xia Kang
10. The Impact of the ASEAN-China Free Trade Area on China’s Economy and Regional Agricultural Development
Jun Yang, Huanguang Qiu and Chunlai Chen
11. Linking Economic Development with Demand for Energy: A Discontinuous Estimation of Energy Demand Elasticity
Ligang Song and Yu Sheng