Modern China and International Rules: Reconstruction and Innovation

This book is a comprehensive analysis of international rule reconstruction and innovation in the new era of the global value chain, with an emphasis on six types of international rules: official export credit rules, international competition rules, cross-border e-commerce and digital trade rules, ISDS, multilateral agreement on investment, and international regulatory cooperation. It also introduces China's theories and practices of engagement in the new round of reconstruction and innovation.

Format: Hardback
Length: 318 pages
Publication date: 14 January 2023
Publisher: Springer Verlag, Singapore

This comprehensive study report, the culmination of a significant project funded by the National Social Science Foundation of China, delves into the intricate dynamics of international rule reconstruction and innovation in the era of the global value chain. Through a thorough analysis of the complex landscape, the book offers a detailed and systematic exploration of six key areas: official export credit rules, international competition rules, cross-border e-commerce and digital trade rules, ISDS, multilateral agreements on investment, and international regulatory cooperation. Furthermore, it provides insights into China's approach and practices in engaging with the ongoing reconstruction and innovation of international rules.

Official export credit rules play a pivotal role in shaping global trade and investment patterns. They govern the terms and conditions under which governments provide financial support to their exporters, often aimed at promoting economic development and creating job opportunities. The book examines the evolution of these rules, their impact on international trade, and the challenges and opportunities they present for countries.

International competition rules are designed to promote fair and open markets, ensuring that businesses operate within a regulatory framework that prevents unfair practices and promotes competition. The book explores the interplay between competition laws and global value chains, examining how they impact firms' operations, investment decisions, and market dynamics. It also discusses the challenges and opportunities for countries in developing and implementing effective competition policies.

Cross-border e-commerce and digital trade rules have emerged as key drivers of economic growth and innovation in the global economy. The book examines the legal frameworks and regulatory frameworks that govern these transactions, including issues such as data protection, intellectual property rights, and cross-border dispute resolution. It also explores the potential benefits and risks associated with these developments, including the impact on traditional industries, job creation, and economic inequality.

ISDS, or investor-state dispute settlement, is a mechanism that allows foreign investors to bring disputes against host countries to international courts. The book examines the history, evolution, and implications of ISDS, including its impact on global investment flows, national sovereignty, and the rule of law. It also discusses the challenges and opportunities for countries in reforming and improving ISDS mechanisms.

Multilateral agreements on investment are designed to promote foreign investment and promote economic development. The book explores the various types of investment agreements, including bilateral investment treaties (BITs) and free trade agreements (FTAs), and their impact on investment flows, trade relations, and economic growth. It also examines the challenges and opportunities for countries in negotiating and implementing effective investment agreements.

International regulatory cooperation is essential for addressing global challenges such as climate change, cybersecurity, and public health. The book examines the mechanisms and frameworks for international regulatory cooperation, including international organizations such as the World Trade Organization (WTO) and the United Nations (UN). It also discusses the challenges and opportunities for countries in cooperating on regulatory issues and developing global standards.

In conclusion, this book offers a comprehensive and insightful examination of the complex dynamics of international rule reconstruction and innovation in the new era of the global value chain. It provides valuable insights into the key areas of international rules, their evolution, and their impact on global trade, investment, and economic development. The book also highlights China's engagement in these processes and its contributions to the global rule-making agenda.

Weight: 682g
Dimension: 235 x 155 (mm)
ISBN-13: 9789811975752
Edition number: 1st ed. 2023