Download or read book Granting Permanent Normal Trade Relations Status to China written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-01-08 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Granting permanent normal trade relations (PNTR) status to China : is it in the U.S. national interest? : hearing before the Committee on International Relations, House of Representatives, One Hundred Sixth Congress, second session, Wednesday, May 10, 2000.
Download or read book Granting Permanent Normal Trade Relations PNTR Status to China written by United States. Congress. House. Committee on International Relations and published by . This book was released on 2000 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GRANTING PERMANENT NORMAL TRADE RELATIONS PNTR STATUS TO CHINA IS IT IN THE HEARING COMMITTEE ON INTERNATIONAL RELATIONS HOUSE OF written by United States. Congress. House. Committee on International Relations and published by . This book was released on 2001* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Granting Permanent Normal Trade Relations PNTR Status to China written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Us Permanent Normal Trade Relations with China written by Shunli Yao and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The China-US trade relation has been plagued by the threat of MFN revocation in the past 10 years. The recent passage of China WTO bill in US House of Representatives paves the way for eventually granting China the Normal Trade Relations (NTR, formerly MFN) status on a permanent basis. As a result, the annual review of China?s trading status in the US mandated by the 1974 Jackson-Vanik legislation will come to an end. However, as the ideological and political hostility between the two countries which has motivated the MFN debate still exists, the bilateral trade relation will continued to be haunted by similar threats, though may in different semantics and under different legal justifications. Using GTAP, this paper tries to assess the stakes of the US permanent NTR with China by simulating the MFN removal. Given the fact that 75% of US-China trade is handled by the Hong Kong traders, and textile and clothing accounts for a large portion of China and Hong Kong export to the US, this study focuses on how the Hong Kong?s re-export trade and the Multi-fibre Arrangement (MFA) will complicate the assessment. The US trade sanctions against China will seriously disrupt the bilateral trade and both countries will suffer substantial welfare loss. The trade sanctions will also devastate Hong Kong?s economy, as it serves as a middleman in the US-China trade and will be caught in crossfire. The trade conflict between the US and China will make the countries involved (US, China and Hong Kong) less integrated with rest of the world and others more integrated with the rest of the world. Thus, while the US, China and Hong Kong all suffer welfare losses, other countries all have welfare gains. The assessment of the impact of MFN removal on Hong Kong is made possible by the inclusion of the author?s work on Hong Kong?s re-export margins into GTAP database. Based on this work and the US tariff schedules, the author is able to estimate the effective tariff on Hong Kong?s services export to the US induced by the US trade sanctions against China. A scenario that does not consider the role of Hong Kong?s re-export in US-China trade will over-estimate the damage done to the US, as it ignores the expansion of Hong Kong?s exports of non-services sectors, which will lower the cost of the US import replacement. The US welfare loss is conditional on the existence of MFA. If the US unilaterally relaxes the MFA quota, it will reverse the welfare loss to welfare gain. This is in part because the MFA keeps the prices of the textile and clothing high and this gives the high potential of welfare gain from removing MFA on the US part alone. But if the MFN and the worldwide MFA are removed simultaneously, the US will suffer a welfare loss. In fact, the MFA is going to be phased out in 2005 under the Uruguay round agreement. Without MFA, this paper shows that the US sanctions against China will cause the US $2.9 billion loss. This will be the only outcome and the US will not have any options to buffer the damage. Thus, it is a wise move for the US to grant China the permanent NTR.
Download or read book World Trade Organization written by United States. General Accounting Office and published by . This book was released on 2000 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Permanent Normal Trade Relations with the People s Republic of China written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Consideration of Permanent Normal Trade Relations with China written by United States. Congress. Senate. Committee on Finance and published by Agriculture Department. This book was released on 2000 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Disapproval of Normal Trade Relations for the People s Republic of China written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 2000 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Giving Permanent Normal Trade Relations Status to Communist China written by United States. Congress. Senate. Committee on Foreign Relations and published by . This book was released on 2001 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Trade Organization written by United States General Accounting Office and published by . This book was released on 2000 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Trade Organization China s Membership Status and Normal Trade Relations Issues written by and published by . This book was released on 2000 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is the world's largest economy that is not subject to the World Trade Organization's (WTO) trade liberalizing requirements. Since 1986, China has been in negotiations to join, or "accede to," the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade. The United States has taken a leading role in these negotiations, which have been taking place on two tracks-bilateral and multilateral negotiations-over these 14 years. The bilateral negotiations are designed to secure China's commitment to remove specific market access barriers and open China's domestic market to more foreign goods and services. The focus of the multilateral negotiations is to ensure that China will adopt all the rules, practices, and obligations required by WTO agreements to improve its general trade regime. Because of your continued interest in these issues, we are providing an update on our past work on (1) the status of the negotiations for China to join the World Trade Organization, (2) the results of the negotiations as compared to U.S. objectives for these negotiations, and (3) trade and legal considerations about granting China permanent normal trade relations status.
Download or read book United States China Trade Relations and the Possible Accession of China to the World Trade Organization written by Philip Crane and published by DIANE Publishing. This book was released on 2001-07 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Witnesses: John J. Sweeney, AFL-CIO; George M. C. Fisher, Eastman Kodak Co. and Business Coalition for U.S.-China Trade; Harold "Terry" McGraw III, McGraw-Hill Companies and Emergency Committee for Amer. Trade; Frederick W. Smith, FDX Corp.; Robert A. Kapp, U.S.-China Business Council; Jack Valenti, Motion Picture Assoc. of Amer., Inc.; Sy Sternberg, N.Y. Life Insurance Co.; Neil E. Gambow, Jr., Post Glover Resistors Inc.; Steve Van Andel, U.S. Chamber of Commerce; George David, United Technologies Corp. and Business Coalition for U.S.-China Trade; and Steve Van Andel, Amway Corp. and U.S. Chamber of Commerce.
Download or read book Giving the People s Republic of China Permanent MFN written by United States. Congress. Senate. Committee on Foreign Relations and published by . This book was released on 2000 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Permanent Normal Trade Relations for China PNTR written by United States. Congress. House. Committee on Banking and Financial Services and published by . This book was released on 2000 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Granting Permanent Normal Trade Realtions PNTR Status to China written by Benjamin A. Gilman and published by . This book was released on 2000-01-01 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Witnesses: Wei Jingsheng, Former Prisoner of Conscience in China, Chinese Democracy Activist; Sandra J. Kristoff, Sr. V.P., New York Life International, Inc.; Mike Jendzejczyk, Washington Dir., Human Rights Watch/Asia; Nicholas D. Giordano, International Trade Counsel, National Pork Producers Council, and on behalf of the National Assoc. of Wheat Growers; Steve T. McFarland, Exec. Dir., U.S. Commission for International Religious Freedom; and Rev. Daniel B. Su, Special Assistant to the President, China Outreach Ministries, Inc.
Download or read book Permanent Normalized Trade Relations with the People s Republic of China written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 2003 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
