China's Trade Policy Changes: Arguments and Criticisms

  • Gyula Krajczár PhD candidate, Doctoral School of International Relations and Political Science, Corvinus University of Budapest
Keywords: Chinese foreign trade, export processing trade, dual foreign trade system, unfair trade practices, F13, F50, F63

Abstract

Foreign trade is one of the main drivers of China’s spectacular rise. As it has become a determining factor in world trade, its composition, competitiveness, characteristics, and methods have become important for the whole world. This article provides a political examination of the Chinese foreign trade architecture, considers the criticisms related to it, and the Chinese rationale. It concludes that China – according to its intentions – has tried to fit into the institutional order of world trade, but, at the same time, has brought in its peculiarities that sometimes have stretched this order apart. The main determinant of this is China's state- centredness and bureaucracy.

Published
2023-03-19
How to Cite
Krajczár, G. (2023). China’s Trade Policy Changes: Arguments and Criticisms. Köz-Gazdaság - Review of Economic Theory and Policy, 18(1), 123-141. https://doi.org/10.14267/RETP2023.01.07
Section
Articles