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 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S CONSIDERATION OF PERMANENT NORMAL TRADE RELATIONS WITH CHINA HEARINGS S HRG 106 564 COMMITTEE ON FINANCE UNITED STATES SENA 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 U S Consideration of Permanent Normal Trade Relations with China written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2000 with total page 255 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 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 U S China Trade Relations and Renewal of China s Most favored nation Status written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade and published by . This book was released on 1999 with total page 228 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 The Administration s Proposal for Permanent Normal Trade Relations with China written by United States. Congress. House. Committee on Agriculture and published by . This book was released on 2000 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S China Trade Relations and Renewal of China s Most Favored Nation Status written by William Ellis and published by DIANE Publishing. This book was released on 1999-12 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Witnesses include: Charlene Barshefsky, U.S. Trade Rep.; Stuart Eizenstat, Under Sec. for Economic Affairs, U.S. Dept. of State; Barbara Shailor, AFL-CIO; Carlos Moore, Amer. Textile Manufacturers Inst.; Gary Bauer, Family Research Council; John Carr, U.S. Catholic Conf.; Joy Hilley, Children of the World; Rev. Daniel Su, China Outreach Ministries Inc.; Calman Cohen, Emergency Committee for Amer. Trade; Edvard Torjesen, Evergreen Family Friendship; Robert Hall, Nat. Retail Fed.; John Howard, U.S. Chamber of Commerce; Robert Kapp, U.S.-China Bus. Council; Jim Williams, Ohsman and Sons Co.; and Robert O'Quinn, Heritage Fdn.
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 PERMANENT NORMAL TRADE RELATIONS FOR CHINA HOUSE DOCUMENT 106 207 MESSAGE FROM THE PRESIDENT OF THE UNITED STATES 106TH CONGRESS 2 written by United States. Congress. House 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 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 PERMANENT NORMAL TRADE RELATIONS FOR CHINA PNTR HEARING SERIAL NO 106 58 COMMITTEE ON BANKING FINANCIAL SERVICES U S HOUSE written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs 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 Crs Report for Congress written by Congressional Research Service: The Libr and published by BiblioGov. This book was released on 2013-10 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S.-China economic ties have expanded substantially over the past several years. Total U.S.-China trade rose from $5 billion in 1980 to $147 billion i n 2002. China i s n o w the fourth-largest U.S. trading partner. With a huge population and a rapidly expanding economy, China is a potentially huge market for U.S. exporters. Yet, U.S.-China commercial relations have been strained by a number of issues, including a surging U.S. trade deficit with China ($103.1 billion in 2002), China's restrictive trade and investment practices, and its failure to provide adequate protection for U.S. intellectual property rights (IPR). In recent years, the U.S. has sought to use China's application to join the World Trade Organization (WTO) to gain greater market access in China. The U.S. insisted that China could join the WTO only if it substantially cut trade barriers. After many years of negotiations, a consensus was reached in the WTO on the terms of China's membership. China's entry was formally approved by the WTO on November 10, 2001, and on December 11, 2001, it formally became a WTO member. The 106th Congress passed legislation giving the President the authority to extend China permanent normal trade relations status to China ...
Download or read book Permanent Normal Trade Relations for China Message from the President written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 2000 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Impact on Washington State of Permanent Normal Trade Relations for China written by Washington Council on International Trade and published by . This book was released on 2000 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
