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The China-US Trade War and South Asian Economies (Routledge Frontiers of Political Economy)
by Rahul Nath ChoudhuryThe USA and China, the world’s largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war. The first section of the book looks at the impact of the trade war on the global economy. It goes deeper to examine the trade war impact on the South Asian region. It is well-known that any imposition of new tariffs or an increase in existing tariffs would make imports more costly and render the exported goods less competitive. Yet, the book posits that the trade war has provided a window of opportunity to other countries not caught in it. The South Asian region, with countries like Bangladesh, India and Sri Lanka, has actually reaped benefits from the widening trade dispute between the world’s two biggest economies. This book will be a useful reference to help policymakers to undertake informed decisions and initiate programs to minimise the trade war impact.
The China-US Trade War and South Asian Economies (Routledge Frontiers of Political Economy)
by Rahul Nath ChoudhuryThe USA and China, the world’s largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war. The first section of the book looks at the impact of the trade war on the global economy. It goes deeper to examine the trade war impact on the South Asian region. It is well-known that any imposition of new tariffs or an increase in existing tariffs would make imports more costly and render the exported goods less competitive. Yet, the book posits that the trade war has provided a window of opportunity to other countries not caught in it. The South Asian region, with countries like Bangladesh, India and Sri Lanka, has actually reaped benefits from the widening trade dispute between the world’s two biggest economies. This book will be a useful reference to help policymakers to undertake informed decisions and initiate programs to minimise the trade war impact.
China VAT: Regulations and Reforms
by Lorenzo Riccardi Giorgio RiccardiThis book clearly chronicles the evolution of Chinese VAT regulations, with a particular focus on the reforms of recent years. Covering all the provisions of the laws related to VAT, it also provides examples and implementation instructions. Practically structured and easy to consult, it allows readers to quickly find answers to questions that may arise in the course of their work. As such, the book is a valuable tool for accountants, advisors, lawyers, public officials and anyone working in the sector.
China–Europe Tax Treaties: Selected Tax Treaties and International Taxation
by Lorenzo Riccardi Giorgio RiccardiThis book covers the Tax Treaties which The People’s Republic of China has signed with various nations of the European Region. This book is a collection of the treaties, supplementary materials, and selected implementing circulars. It is edited and ordered according to geographical/economic criteria and accompanied with integrated with tables, domestic tax systems reports, and accompanying circulars and treaty model texts. This book has never been compiled for Chinese tax treaties before, providing a new resource for firms and researchers to access the materials with ease. This book has the potential to be a part of a volume on China double tax treaties, and the book will encompass the entirety of China’s Global Tax treaties. The intended readership of this book will be primarily professionals who are working in both the international accounting and legal industries. These readers frequently reference the treaties through the course of their normal business for the purpose of forming optimum tax structures and corporate structuring. However, it is also foreseeable that this book will be of interest to academic researchers in multiple fields from geo-politics, accounting, legal to economics.
China's Anti-Monopoly Law: The First Five Years
by Adrian Emch David StallibrassIt probably goes without saying that anti-monopoly law and practice are of very recent vintage in China. In August 2008, 118 years after the Sherman Act and 50 years after the Treaty of Rome, China’s Anti-Monopoly Law (AML) came into effect. Since then the enforcement of the AML has seen significant progress as well as considerable challenges. This volume, comprised of 27 highly informative contributions by more than 40 government officials, academics, economists, in-house lawyers, and private practitioners, introduces novice practitioners to the complexities of antitrust law in China and provides new insight for those already working in the field. Generally following the structure of the text of the AML, topics and issues covered include the following: an overview of the first five years of AML implementation; the institutional framework for antitrust enforcement in China; monopoly agreements between market players; abuses of dominance committed by a single company; problems and potential solutions for information exchanges between competitors; the economics underlying retail price maintenance; refusals to deal; procedural and substantive practice of merger decisions; the application of merger control to joint ventures; ‘administrative monopolies’ and the tension between competition and industrial policies; ways to seek legal redress; litigation (both administrative and civil) and the role of the courts; international cooperation efforts made in relation to Chinese antitrust enforcers; the relationship between the AML and China’s anti-bribery rules; the treatment of vertical integration or cooperation; and how the AML rules apply to intellectual property rights. Throughout the book there are analyses of major judgments with key conclusions to be drawn from them, as well as comparisons with corresponding judgments in other jurisdictions. This book is the first comprehensive analysis of the AML, and as such will be of inestimable value to business persons and in-house counsel, as well as to academics in Chinese law and competition law from a global perspective.
China's Banking Law and the National Treatment of Foreign-Funded Banks
by Wei WangThis book assesses new developments in and reform of China's banking law system following its accession of the WTO. It focuses on the relationship between GATS/WTO national treatment obligations and China's banking law. Tracing the history of national treatment in China, the book compares the treatment of foreign-funded banks with the treatment of Chinese-funded banks and examines the structure and shortcomings of the existing banking law framework in China. Offering suggestions as to how the framework could be restructured and analysing the economic and political bases of an integrated banking law framework, the book argues that reorganization would bring about greater consistency with GATS/WTO national treatment requirements. The book also explores the ambiguous definition of prudential carve-out, the subtle relationship between GATS national treatment and market access based on WTO cases, national treatment clauses in China’s bilateral investment treaties, and special treatment on banking in China’s free trade agreements. This volume is a valuable resource for academics and students as well as professionals and policy-makers working in the field of banking, WTO, Chinese law and foreign trade.
China's Banking Law and the National Treatment of Foreign-Funded Banks
by Wei WangThis book assesses new developments in and reform of China's banking law system following its accession of the WTO. It focuses on the relationship between GATS/WTO national treatment obligations and China's banking law. Tracing the history of national treatment in China, the book compares the treatment of foreign-funded banks with the treatment of Chinese-funded banks and examines the structure and shortcomings of the existing banking law framework in China. Offering suggestions as to how the framework could be restructured and analysing the economic and political bases of an integrated banking law framework, the book argues that reorganization would bring about greater consistency with GATS/WTO national treatment requirements. The book also explores the ambiguous definition of prudential carve-out, the subtle relationship between GATS national treatment and market access based on WTO cases, national treatment clauses in China’s bilateral investment treaties, and special treatment on banking in China’s free trade agreements. This volume is a valuable resource for academics and students as well as professionals and policy-makers working in the field of banking, WTO, Chinese law and foreign trade.
China's Changing Legal System: Lawyers & Judges on Civil & Criminal Law
by Thomas W. Simon Chuan Feng Leyton P. NelsonWhile much international attention has been focused on China's developing economy, dramatic changes are also taking place in its legal system. This book is a groundbreaking, comprehensive introduction to China's legal system, covering the major areas of both civil and criminal law. The authors present fascinating cases and balanced accounts of controversial issues, from copyright law to punishment. By letting Chinese lawyers and judges speak for themselves, the authors also allow readers a surprisingly candid insider's view of real life legal practice.
China's citizenship challenge: Labour NGOs and the struggle for migrant workers' rights
by Malgorzata JakimówChina's citizenship challenge tells a story of how labour NGOs contest migrant workers' citizenship marginalisation in China. The book argues that in order to effectively address problems faced by migrant workers, these NGOs must undertake 'citizenship challenge': the transformation of migrant workers' social and political participation in public life, the broadening of their access to labour and other rights, and the reinvention of their relationship to the city. By framing the NGOs' activism in terms of citizenship rather than class struggle, this book offers a valuable contribution to the field of labour movement studies in China. The monograph also proves exceptionally timely in the context of the state's repression of these organisations in recent years, which, as the book explores, were largely driven by their citizenship-altering activism.
China's citizenship challenge: Labour NGOs and the struggle for migrant workers' rights
by Malgorzata JakimówChina's citizenship challenge tells a story of how labour NGOs contest migrant workers' citizenship marginalisation in China. The book argues that in order to effectively address problems faced by migrant workers, these NGOs must undertake 'citizenship challenge': the transformation of migrant workers' social and political participation in public life, the broadening of their access to labour and other rights, and the reinvention of their relationship to the city. By framing the NGOs' activism in terms of citizenship rather than class struggle, this book offers a valuable contribution to the field of labour movement studies in China. The monograph also proves exceptionally timely in the context of the state's repression of these organisations in recent years, which, as the book explores, were largely driven by their citizenship-altering activism.
China’s Criminal Legislation on Embezzlement and Bribery (Research Series on the Chinese Dream and China’s Development Path)
by Renwen LiuThis book discusses in a Chinese context the criminal policy and legislation related to embezzlement and bribery, which are considered major problems of global significance in both theory and practice, and in so doing to demonstrate the progress made by the Chinese government over the last 30 years with regard to preventing these crimes. More specifically, it addresses a variety of issues, such as embezzlement and bribery legislation and its history in New China; the effects of legislation on judicial practice; criminological analysis of the causes of corruption crimes; related criminal statutes and their improvements; judicial interpretation, sentencing issues and prevention measures; the design and improvement of related criminal procedure; comparative studies on laws in relation to the punishment and prevention of corruption crimes; and international cooperation in the pursuit of corrupt officials. In a word, taking the relevant history and current reality, as well as domestic and international prevention mechanisms into account, the book discusses the legal framework, evaluates its implementation, reviews the merits and shortcomings of criminal legislation and judicial practice, and puts forward legislative and judicial proposals regarding prevention mechanisms. It offers a comprehensive but accessible (academic) reference work for legal researchers, students, lawyers and all others interested in the criminal legislation and policy with regard to corruption crimes in China.
China’s Crony Capitalism: The Dynamics Of Regime Decay
by Minxin PeiChina’s efforts to modernize yielded a kleptocracy characterized by corruption, wealth inequality, and social tensions. Rejecting conventional platitudes about the resilience of Party rule, Minxin Pei gathers unambiguous evidence that beneath China’s facade of ever-expanding prosperity and power lies a Leninist state in an advanced stage of decay.
China’s Crony Capitalism: The Dynamics Of Regime Decay
by Minxin PeiChina’s efforts to modernize yielded a kleptocracy characterized by corruption, wealth inequality, and social tensions. Rejecting conventional platitudes about the resilience of Party rule, Minxin Pei gathers unambiguous evidence that beneath China’s facade of ever-expanding prosperity and power lies a Leninist state in an advanced stage of decay.
China’s Diplomacy and International Law (Modern China and International Economic Law)
by Huikang HuangThe book is a tour de force by a world renowned legal expert and senior diplomat. Its main feature is a well-balanced integration of diplomatic thinking and legal analysis, based on the 70-year diplomatic theory and practice in China. Rich in content and thought provoking, it systematically discusses the international law issues faced by China in the development of major country diplomacy with Chinese characteristics. The author creatively develops the concepts of Blue Diplomacy to refer to global ocean governance, Green Diplomacy to deal with climate change, Red Diplomacy to cope with anti-corruption, Digital Diplomacy for cyberspace governance, each with amplified amount of cases and materials. The author also deliberates the “one country, two systems” policy and the building of “community with shared future of mankind”. The book helps the readers to better understand the fundamental principles and policies of China's diplomacy. For students, it is a key that opensup the door to international law studies; for researchers, it is a rich mine of international legal issues; for diplomats, it is a valuable guidance to master the art and science of legal diplomacy.
China's Drug Practices and Policies: Regulating Controlled Substances in a Global Context
by Hong Lu Terance D. Miethe Bin LiangIn the context of global efforts to control the production, distribution and use of narcotic drugs, China's treatment of the problem provides an important means of understanding the social, political, and economic limits of national and international policies to regulate drug practices. In the nineteenth and early twentieth centuries, China was known for its national addiction to opium, but its drug-eradication campaigns from the 1950s to the 1970s achieved unprecedented success that ultimately transformed China into a "drug-free" society. However, since the economic reforms and open-door policy of the late twentieth century, China is now facing a re-emergence of the production, use and trafficking of narcotic drugs. Employing case studies and a comparative historical approach, and drawing on a variety of data sources including historical records, official crime data only recently made available, and news reports, this book is the first English-language publication to provide such a comprehensive documentation and analysis of the nature of China's legal regulation of controlled substances. The authors also offer theoretical approaches for studying drug regulation, aspects of drug consumption cultures, the socio-political treatment of drugs during various historical periods and ongoing efforts to legislate drug trade, criminalize drug use and manage the drug addict population within national and international contexts.
China's Drug Practices and Policies: Regulating Controlled Substances in a Global Context
by Hong Lu Terance D. Miethe Bin LiangIn the context of global efforts to control the production, distribution and use of narcotic drugs, China's treatment of the problem provides an important means of understanding the social, political, and economic limits of national and international policies to regulate drug practices. In the nineteenth and early twentieth centuries, China was known for its national addiction to opium, but its drug-eradication campaigns from the 1950s to the 1970s achieved unprecedented success that ultimately transformed China into a "drug-free" society. However, since the economic reforms and open-door policy of the late twentieth century, China is now facing a re-emergence of the production, use and trafficking of narcotic drugs. Employing case studies and a comparative historical approach, and drawing on a variety of data sources including historical records, official crime data only recently made available, and news reports, this book is the first English-language publication to provide such a comprehensive documentation and analysis of the nature of China's legal regulation of controlled substances. The authors also offer theoretical approaches for studying drug regulation, aspects of drug consumption cultures, the socio-political treatment of drugs during various historical periods and ongoing efforts to legislate drug trade, criminalize drug use and manage the drug addict population within national and international contexts.
China’s Economic Gene Mutations: By Electricity Economics and Multi-agent
by Zhaoguang Hu Jian Zhang Ning ZhangThe book focuses on low-carbon issues and China’s economy, which is analyzed from the perspective of electricity economics. It proposes the novel concept of an “economic gene” to reflect certain characteristics of the economy. The gene mapping of China’s economy has been studied based on production functions with electricity. Economic mutations have also been studied with the aim of diagnosing problems in the economy. Two such mutations have occurred in China since 1978, the most recent being in 2012 and no further mutation is expected until 2025. The book describes the inherent quality of China’s economy from 2012 to 2025, and how mechanism reforms would greatly improve marginal representative factor productivity in this period. The agents response equilibrium (ARE) approach to simulate national economy, based on multi-agent technology is proposed. Another cornerstone of the model is the input-output table. Simulated input-output tables from 2011 to 2025 are provided in the book.This book provides recommendations for policy makers and advisors, and is a valuable resource for researchers in the fields of economics, public policies, low-carbon development, electricity and energy. It also provides insights into China’s economic development.
China's Energy Efficiency and Conservation: Sectoral Analysis (SpringerBriefs in Environment, Security, Development and Peace #30)
by Bin Su Elspeth ThomsonThis Brief identifies various aspects of energy challenges faced by the Chinese central/local governments, and also provides an opportunity to study how best to achieve green growth and a low-carbon transition in a developing country like China. The progress of China’s carbon mitigation policies also has significant impacts on the on-going international climate change negotiations. Therefore, both policy- makers and decision-makers in China and other countries can benefit from studying the challenges and opportunities in China’s energy development.
China's Energy Efficiency and Conservation: Household Behaviour, Legislation, Regional Analysis and Impacts (SpringerBriefs in Environment, Security, Development and Peace #31)
by Bin Su Elspeth ThomsonThis Brief identifies various aspects of energy challenges faced by the Chinese central/local governments, and also provides an opportunity to study how best to achieve green growth and a low-carbon transition in a developing country like China. The progress of China’s carbon mitigation policies also has significant impacts on the on-going international climate change negotiations. Therefore, both policymakers and decision makers in China and other countries can benefit from studying the challenges and opportunities in China’s energy development.
China’s Environmental Solutions: Policies, Technologies, and Perspectives
by Rolf Schmid Xin XiongConcomitant with a rapid increase in population and an unprecedented growth of the economy, China came to endure an alarming level of environmental damgae. In response, environmental legislation was tightened and massive environmental projects were initiated. As a result, China's environment and ecosystems are begining to recover. At the same time, the country is continuing on its growth path, making an above-average contriubtion to the global emission of greenhouse gases, not least becuase of the heavy use of coal as a source of energy. The world's second-largest economy aims to halt this trend by rapidly building sustainable and clean energy resources and has committed itself to being carbon neutral by 2060. in this process, "beautiful China" intends to become the global role model of a "digital civilization" based on science and technology. This book describes the stakeholders, programs, and achievements along this path and provides an outlook on pertinent developments in the years to come.
China’s Environmental Solutions: Policies, Technologies, and Perspectives
by Rolf Schmid Xin XiongConcomitant with a rapid increase in population and an unprecedented growth of the economy, China came to endure an alarming level of environmental damgae. In response, environmental legislation was tightened and massive environmental projects were initiated. As a result, China's environment and ecosystems are begining to recover. At the same time, the country is continuing on its growth path, making an above-average contriubtion to the global emission of greenhouse gases, not least becuase of the heavy use of coal as a source of energy. The world's second-largest economy aims to halt this trend by rapidly building sustainable and clean energy resources and has committed itself to being carbon neutral by 2060. in this process, "beautiful China" intends to become the global role model of a "digital civilization" based on science and technology. This book describes the stakeholders, programs, and achievements along this path and provides an outlook on pertinent developments in the years to come.
China’s Ethical Revolution and Regaining Legitimacy: Reforming the Communist Party through Its Public Servants
by Shaoying Zhang Derek McgheeThis book examines the many ways in which the Communist Party in China is still revolutionary by focusing on how, in recent years, it has attempted to mobilize Party members to become ethical subjects. In the context of the Party’s history of the military revolution, Cultural Revolution and Economic Reform (or economic revolution), the authors argue that under President Xi Jinping the Party has launched an ethical revolution within the Party for the sake of sustaining its legitimacy. This book examines the various combined components of this ethical revolution, including anti-corruption, anti-four undesirable working styles and Mass-Line Education programme from the perspective of the fifty current Communist Party officials.
China’s Ethical Revolution and Regaining Legitimacy: Reforming the Communist Party through Its Public Servants
by Shaoying Zhang Derek McgheeThis book examines the many ways in which the Communist Party in China is still revolutionary by focusing on how, in recent years, it has attempted to mobilize Party members to become ethical subjects. In the context of the Party’s history of the military revolution, Cultural Revolution and Economic Reform (or economic revolution), the authors argue that under President Xi Jinping the Party has launched an ethical revolution within the Party for the sake of sustaining its legitimacy. This book examines the various combined components of this ethical revolution, including anti-corruption, anti-four undesirable working styles and Mass-Line Education programme from the perspective of the fifty current Communist Party officials.
China’s Foreign-Invested Limited Partnership Enterprise: An Analysis of its Legal Personality, Limited Liability and Transferable Ownership Interest (China-EU Law Series #7)
by Stephan KuntnerSince a reform in 2010, foreign investors can establish a Foreign-Invested Limited Partnership Enterprise (FILPE) in China together with Chinese or foreign investors. The FILPE can be combined with a domestic or foreign corporate general partner, thus allowing for a structure that offers the flexibility and taxation conditions of a partnership while protecting its investors against personal liability like a company. The book explores from the perspective of a foreign investor if the FILPE is an attractive investment vehicle by analysing whether it provides the characteristics that are internationally recognized as constituting a standard corporate form. Among these characteristics, the three that are most strongly interconnected and interdependent form the core of the analysis: legal personality, limited liability and transferable ownership interest. These are analyzed in context of China's restrictive framework of foreign investment regulations and enterprise organization law.
China’s Foreign Investment Law Amid Evolving International Investment Rules (Modern China and International Economic Law)
by Qingjiang KongThis book focuses on an article-by-article interpretation of the Foreign Investment Law of the People's Republic of China, which was adopted on March 15, 2019. It also describes the legislative process of the law and the relationship between the law and other laws and regulations. It also includes a comparison of China's new foreign investment law with representative foreign investment regimes and the interaction between China and evolving international investment rules and the law, with a focus on the impact of evolving international investment rules on the development of China's foreign investment regime.In recent years, the momentum of globalization has continued to grow, and a pattern of economic governance with valorization, regionalization, and benefit sharing has gradually emerged. Amid the emergence of new international investment rules, the Foreign Investment Law of the People's Republic of China, adopted on March 15, 2019, has significantly changed the face of China's foreign investment regime. Given that China is a major destination for global foreign direct investment flows, its foreign investment regime is a focus of attention for international investors and international lawyers. This book aims to provide a practical legal guide for students of Chinese law, especially Chinese business law, practitioners, and their clients interested in the Chinese market, and observers of international investment law and national investment law practice.