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The US-China trade war instigated by President Trump has thrown the multilateral trading system into a crisis. Drawing on vast interview and documentary materials, Hopewell shows how US-China conflict had already paralyzed the system of international rules and institutions governing trade. The China Paradox - the fact that China is both a developing country and an economic powerhouse - creates significant challenges for global trade governance and rule-making. While China demands exemptions from global trade disciplines as a developing country, the US refuses to extend special treatment to its rival. The implications of this conflict extend far beyond trade, impeding pro-development and pro-environment reforms of the global trading system. As one of the first analyses of the implications of US-China rivalry for the governance of global trade, this book is crucial to our understanding of China's impact on the global trading system and on the liberal international economic order.
- Author:
- Kristen Hopewell
- Publisher:
- Cambridge University Press
- Publication Date:
- Oct 22, 2020
- Number of pages:
- 200 pages
- Language:
- English
- Binding:
- Hardcover
- ISBN-10:
- 1108834795
- ISBN-13:
- 9781108834797