China’s GATT Membership: Impact on her Foreign Trade and Consequences for her Trading Partners

  • Joseph C. H. Chai

Abstract

China’s GATT membership has already aroused considerable fears among her Western trading partners. The industrialized countries (ICs) in the West are concerned that China’s GATT membership might make it easier for her to deploy her large and low-cost labour in target export industries that could disrupt their domestic markets [6]. Because of the restricted role of tariff in a planned economy they are also afraid that the Chinese intention to use tariff concession as a ”price” for admission into GATT might not ensure their market access to China [14]. Both the newly industrialized countries (NICs) and the developing countries (LCs) are very much concerned about the threat of competition from China. They are afraid that the tariff and non-tariff concession granted to China upon her entry to GATT might lead to a displacement of their exports by the Chinese exports.

Keywords

Explosive Motor Spirit Stein Malaysia Indonesia 

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Copyright information

© Springer Verlag Berlin · Heidelberg 1989

Authors and Affiliations

  • Joseph C. H. Chai
    • 1
  1. 1.Department of EconomicsUniversity of Hong KongHong Kong

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