scholarly journals Discussion on the Influence of Overseas Financial Institutions’ Participation in Shares on the Operation Efficiency of China’s Banking Industry

2019 ◽  
Vol 2 (4) ◽  
Author(s):  
Yu Guo
Keyword(s):  
Financial Institutions ◽  
World Trade ◽  
Banking Industry ◽  
Operating Efficiency ◽  
Literature Research ◽  
The World ◽  
Chinese Banks ◽  
Reform And Opening Up ◽  
The Impact ◽  
Opening Up

With the implementation of China’s reform and opening up policy and China’s successful accession to the World Trade Organization, more and more overseas financial institutions are participating in various Chinese banks, and the amount of investment is also expanding. Therefore, it is particularly important to study the impact of overseas financial institutions participating in the Chinese Banks on the operating efficiency of the China’s banking industry. Therefore, based on the previous literature research, this paper constructs six models to explore whether foreign financial institutions participate in shares and the impact of shareholding ratio on the operating efficiency of China’s banking industry.

An understanding of ‘China English’ and the learning and use of the English language in China

English Today ◽  
2006 ◽  
Vol 22 (4) ◽  
pp. 40-43 ◽  
Author(s):  
Cui Xiaoxia
Keyword(s):  
World Trade ◽  
English Language ◽  
Information Age ◽  
World Englishes ◽  
International Language ◽  
Living Entity ◽  
China English ◽  
The World ◽  
Reform And Opening Up ◽  
Opening Up

Some perspectives from an English educator. Since the implementation of the policy of reform and opening up, and China's entry into the World Trade Organization (WTO), China has been gaining strength quickly in the international, political, and economic arena. Globalization has led to China taking part in varous kinds of international cooperation and exchange. At the same time, globalization and the Internet have been providing a novel context in which to use English as an international language. Under such circumstances, the Chinese are using more English than ever before, and China English is being simultaneously localized and globalized. Like any other language, China English is a living entity or organism that is not only growing and progressing in the ‘Information Age’, but is also making a contribution that is enriching and developing world Englishes at large. Indeed, China English now plays a significant role in increasing international understanding and cooperation within the WTO and in the whole world.

Exploring the World Trade Organisation's Trade and Environment/Public Health Jurisprudence as a Model for Incorporating a Trade–Labour Linkage into the Organisation's Multilateral Trade Regime: Should African Countries Accept a Policy Shift?

2017 ◽  
Vol 25 (1) ◽  
pp. 47-65
Author(s):  
Tapiwa V. Warikandwa ◽  
Patrick C. Osode
Keyword(s):  
Public Health ◽  
Developing Countries ◽  
World Trade ◽  
African Countries ◽  
Trade Regime ◽  
Multilateral Trade ◽  
Appellate Body ◽  
The World ◽  
Labour Standards ◽  
The Impact

The incorporation of a trade-labour (standards) linkage into the multilateral trade regime of the World Trade Organisation (WTO) has been persistently opposed by developing countries, including those in Africa, on the grounds that it has the potential to weaken their competitive advantage. For that reason, low levels of compliance with core labour standards have been viewed as acceptable by African countries. However, with the impact of WTO agreements growing increasingly broader and deeper for the weaker and vulnerable economies of developing countries, the jurisprudence developed by the WTO Panels and Appellate Body regarding a trade-environment/public health linkage has the potential to address the concerns of developing countries regarding the potential negative effects of a trade-labour linkage. This article argues that the pertinent WTO Panel and Appellate Body decisions could advance the prospects of establishing a linkage of global trade participation to labour standards without any harm befalling developing countries.

The world economy

1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain
Keyword(s):  
Capital Market ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Domestic Demand ◽  
The World ◽  
Asian Economies ◽  
Trade Growth ◽  
The Impact ◽  
The Capital Market

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.

Student Perspectives on the Impact of the World Trade Center Disaster: A Longitudinal Qualitative Study

2007 ◽  
Vol 31 (2) ◽  
pp. 121-126 ◽  
Author(s):  
M. M. Matthieu ◽  
K. Conroy ◽  
S. Lewis ◽  
A. Ivanoff ◽  
E. R. Blackmore
Keyword(s):  
Qualitative Study ◽  
World Trade ◽  
World Trade Center ◽  
Student Perspectives ◽  
World Trade Center Disaster ◽  
The World ◽  
Trade Center ◽  
The Impact

scholarly journals Sang Naga Membelit Asean: Kebijakan Ekonomi China Pasca Diterima sebagai Anggota WTO

2017 ◽  
Vol 13 (1) ◽  
Author(s):  
Tirta M. Mursitama ◽  
Haura E. Erwin
Keyword(s):  
Free Trade Area ◽  
Economic Policies ◽  
Asian Countries ◽  
Economic Relations ◽  
Trade Area ◽  
The World ◽  
Investment Agreement ◽  
Reform And Opening Up ◽  
Opening Up ◽  
Southeast Asian Countries

Since its accession to the World Trade Organization (WTO), China has been playing its greater role as a new giant economy more actively in international trade and has succeeded in strengthening its economic relations with its neighboring countries including Southeast Asian countries, which are the members of ASEAN. This paper particularly discusses China's economic policies in ASEAN after China gained its membership in the WTO. We focuses mainly on the agreement on trade in goods under the scheme of ASEAN China Free Trade Area (ACFTA) and the investment agreement between China and ASEAN that affects its economic relations with ASEAN. We argue that China's economic policies in ASEAN as concrete and systematic implementation of "reform and opening up " policies initiated more than 30 years ago. Strategically, it has played one of the major and most important roles in strengthening its economic relations with ASEAN and that the state's role is the key to the success of China's economic policies in ASEAN.

Constructing the Knowledge Society

2014 ◽  
pp. 253-266
Author(s):  
Li Wengang ◽  
Chen Yulai ◽  
Guo Jia
Keyword(s):  
Local Governments ◽  
Central Government ◽  
Knowledge Society ◽  
African Countries ◽  
The Past ◽  
The World ◽  
National Congress ◽  
Fresh Impetus ◽  
Reform And Opening Up ◽  
Opening Up

Since the Reform and Opening up in the late 1970s, China has been seeking an innovation-driven knowledge society. In the past decade, the central government and local governments took effective measures to quicken China's steps towards a knowledge society. In the recent 18th National Congress of the CPC, reform and innovation was highly emphasized to give fresh impetus to knowledge society building. Within the context of increasing globalization and Africa-China long-lasting friendship and cooperation, China and African countries can learn from each other in knowledge society construction. As the second largest economy in the world, China is playing an increasing role in knowledge society construction in Africa. Can Africa learn from China's experiences? This chapter provides some answers to this query.

Conclusion

2020 ◽  
pp. 315-322
Author(s):  
Douglas A. Irwin
Keyword(s):  
International Trade ◽  
World Trade ◽  
Trade Policies ◽  
Trading System ◽  
The World ◽  
World Trading System ◽  
And Function ◽  
Open Markets ◽  
The Impact ◽  
Role And Function

This chapter concludes that international trade and trade policies are frequently the object of condemnation rather than approbation. It explains how the condemnation are often the result of misconceptions about the benefits of international trade, the impact of trade policies, and the role and function of the World Trade Organization (WTO). Though the last few decades have been marked by a general reduction in trade barriers, the matter is not settled because the pressures to weaken the commitment to open markets never abate. The chapter emphasizes on difficult policy choices at the intersection of trade policy and climate change that could hold key battles over the world trading system in coming years. It also highlights the several benefits of world trade and the contribution of trade to the welfare and prosperity of billions of people around the world.

Assessing the Impact of Governmental Regulations on the IT Industry

2008 ◽  
pp. 36-54 ◽  
Author(s):  
Sushma Mishra ◽  
Amita Goyal Chin
Keyword(s):  
Institutional Theory ◽  
World Trade ◽  
World Trade Center ◽  
Business Organizations ◽  
September 11Th ◽  
It Industry ◽  
The World ◽  
Institutional Forces ◽  
Trade Center ◽  
The Impact

Given the recent monumental events including the September 11th attack on the World Trade Center and the Pentagon as well as the Enron and MCI WorldCom debacles, people have witnessed, and more readily accepted, a significant increase in governmental authority, leading to a dramatic upsurge in the number of governmental regulations imposed on business organizations and society. Neo institutional theory suggests that such significant institutional forces may gravitate an otherwise highly disparate IT industry towards industry wide homogenization.

A WTO Ruling Matters: Citizens’ Support for the Government’s Compliance with Trade Agreements

2019 ◽  
Vol 25 (2) ◽  
Author(s):  
Naoko Matsumura
Keyword(s):  
Public Opinion ◽  
World Trade Organization ◽  
Empirical Evidence ◽  
World Trade ◽  
Trade Agreements ◽  
Survey Experiment ◽  
Trade Dispute ◽  
The World ◽  
The Impact ◽  
Wto Agreements

AbstractAn international court’s ruling is expected to influence public opinion because of the perception of its legality and the subsequent costs of noncompliance. However, there has been little direct empirical evidence to support this claim. To close this lacuna, I conducted a survey experiment to examine the power of a court’s ruling in the context of a trade dispute. The experiment shows that citizens become less supportive of their government’s noncompliance with GATT/WTO agreements when the World Trade Organization issues an adverse ruling, compared to when their government is verbally accused of a violation of the same agreements by a foreign country. However, the experiment also finds that the impact of a ruling is conditional upon the level of compliance of the winner of the dispute.

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