41. China’s Economic Rise amid Renewed Great Power Competition, America’s Strategic Choices
- Author:
- Charles W. Boustany Jr.
- Publication Date:
- 06-2020
- Content Type:
- Journal Article
- Journal:
- Joint U.S.-Korea Academic Studies
- Institution:
- Korea Economic Institute of America (KEI)
- Abstract:
- American ideals coupled with the commercial self-interest of American business and industry drove the policy of engagement, and even after the 1989 massacre of student protesters at Tiananmen Square, sustained momentum for China’s accession into the WTO. Despite China’s known unfair trade practices, it was thought that problems would eventually disappear as China adopted rules and norms as conditions of its accession to the WTO while deepening its integration into the global trading system. Yet, despite this strategy of engagement, China has not implemented expected substantive structural reforms consistent with the spirit, if not the letter, of its WTO obligations.
- Topic:
- International Relations, Security, Foreign Policy, and Economics
- Political Geography:
- China, Asia, North America, and United States of America