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Tomorrow's silk road : assessing an EU-China free trade agreement

Author: Jacques PelkmansWeinian HuFederica MustilliMattia Di SalvoJoseph F FrancoisAll authors
Publisher: Brussels : CEPS ; London : Rowman and Littlefield International, [2018] ©2018
Edition/Format:   Print book : EnglishView all editions and formats
Summary:

The first comprehensive and in-depth economic and regulatory analysis of a possible Free Trade Area (FTA) between China and the EU.

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Additional Physical Format: ebook version :
Document Type: Book
All Authors / Contributors: Jacques Pelkmans; Weinian Hu; Federica Mustilli; Mattia Di Salvo; Joseph F Francois; Eddy Bekkers; Miriam Manchin; Patrick Tomberger
ISBN: 1786607875 9781786607874 1786607867 9781786607867
OCLC Number: 1035298580
Description: xvii, 313 pages : illustrations ; 26 cm
Contents: Machine generated contents note: pt. I The Global and Bilateral Context --
1.Why an EU-China free trade area? --
1.1.The context for a free trade area study --
1.2.Is there a case for an EU-China FTA? --
2.China and the EU in a rapidly changing world economy --
2.1.Chinese weight as an EU trade partner: Anticipate 2030 --
2.2.Competitiveness and reforms in the EU and China --
2.3.Comparing China and the EU's trade strategies: Multilateral, plurilateral and bilateral --
3.Bilateral economic relations: Trade and investments --
4.Global value chains: Significance for the EU and China --
pt. II Design and Substance of an EU-China FTA --
5.What would an EU-China FTA look like? --
6.Market access in industrial goods: An analysis of tariffs --
6.1.Analysing bilateral trade and its sectoral composition --
6.2.Industrial tariff profiles of the EU and China --
6.3.Where China and the EU differ: Tariff peaks --
7.Market access in goods: Trade defence remedies Note continued: 7.1.Relevance of trade defence for an FTA --
7.2.Recent bilateral application of trade defence --
7.3.The 2017 revision of EU trade defence measures and the status of China --
8.Market access in agriculture: Tariffs and tariff-rate quotas --
8.1.Bilateral agro-food trade and its composition --
8.2.Tariff and TRQ barriers in bilateral agro-food trade --
8.3.Tariffs peaks in agro-food --
8.4.Tough barriers: Tariff rate quotas --
9.Technical barriers to trade --
9.1.Mapping bilateral TBTs and their scope --
9.2.TBTs between China and the EU: Empirical evidence at sector and product levels --
9.3.Transforming China's technical regulation, standards and conformity assessment --
9.4.Some inferences about lowering TBTs in an EU-China FTA --
10.Reducing SPS barriers in an EU-China FTA --
10.1.Market access barriers of the Chinese SPS regime --
10.2.Concerns from China and WTO partners about EU SPS barriers --
10.3.Lowering SPS barriers in an EU-China FTA Note continued: 11.Market access in services: China and the EU --
11.1.Introduction --
11.2.Measuring the extent of market access in services: China and the EU --
11.3.Sectoral services market access: China and the EU --
11.4.Potential value added of an EU-China FTA, based on prior experiences --
12.Public procurement --
12.1.China's offers to accede to the WTO GPA --
12.2.Barriers to EU public procurement as seen by Chinese investors in Europe --
12.3.Possible directions for EU-China negotiations on public procurement --
13.Intellectual property rights and geographical indications --
13.1.Introduction --
13.2.EU-China IP Dialogue --
13.3.China's IPR legislation and enforcement --
13.4.IPR protection and enforcement measures in China's FTAs --
13.5.IPR protection and enforcement measures in EU FTAs --
13.6.Geographical Indications --
14.State-owned enterprises (SOEs) and competition policy --
14.1.The SOE problem in China and early reforms Note continued: 14.2.Reformed SOEs and barriers to market access --
14.3.Can the EU and China reach an agreement on SOEs? --
14.4.Competition policy --
15.Investment and the Comprehensive Agreement on Investment --
15.1.Why a CAI? --
15.2.Why are the existing BITs insufficient? --
15.3.Investment issues an EU-China CAI should address --
15.4.EU approach to CAI --
15.5.China's approach to CAI --
15.6.What's next? --
15.7.Policy options for an EU-China CAI: A review --
15.8.Integrate CAI in FTA --
pt. III Potential Economic Impact: A CGE-based simulation of effects of the FTA --
16.Introduction --
17.Trade and production linkages --
17.1.Value added and trade linkages between China and EU --
17.2.Trade in mass consumer goods --
18.Removing tariffs and reducing NTM costs in a China-EU FTA --
19.Modelling the FTA between China and the EU --
19.1.A non-technical introduction of the model simulations --
19.2.Simulating economic impacts of ambitious and modest FTAs Note continued: 19.3.Results of the FTA simulation: Changes in GDP (in % and $) --
19.4.Results of the FTA simulation: Changes in real wages for three skill groups --
19.5.Results of the FTA simulation: Effects on trade --
19.6.Strategies for adjustment to a China/EU FTA --
pt. IV Conclusions and Policy Implications --
20.Policy implications of an EU-China free trade agreement.
Responsibility: CEPS Team, Jacques Pelkmans (Study Leader), Weinian Hu, Federica Mustilli, Mattia Di Salvo ; WTI Team, Joseph Francois (WTI Team Leader), Eddy Bekkers, Miriam Manchin, Patrick Tomberger.

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