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TPP and the New Rules of International Trade in Service and China’s Countermeasures |
NI Yue-ju |
Institute of World Economy and Politics, Chinese Academy of Social Sciences, Beijing, 100732 |
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Abstract Globalization and the fast development of international trade in service call for corresponding rules. The stagnant Doha Round called forth the appearance of the rules in regional and plurilateral trade in service. The U.S., in particular, intends to use its dominated TPP to establish a new generation of “high standard” liberalization of trade in service. However, the rules of trade in service in TPP are characterized by high standard in commitment, overall structure, the further liberalization of key service departments, and promotion of the opening-up of the service markets with the help of “the unity of supervision and management”. These high-standard new rules of trade in service represent the direction of future international trade in service. Although China has made attempts in the liberalization of trade in service and achieved some progress, on the whole, we still fall far behind the new rules of international trade in service represented by TPP. China therefore should take precaution. Only when we know both ourselves and our opponents can we cope with the challenges posed by the new rules of international trade in service.
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Received: 05 December 2015
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