Shanghai Pilot Free Trade Zone: Shaping of China’s Future Foreign Investment Environment By Gladie Lui Introduction The official launch of China’s pilot Free Trade Zone (FTZ) in Shanghai on September 29‚ 2013‚ marked a significant milestone for the country’s economic reforms and its strategy of opening up its domestic markets for foreign investors. The FTZ the provision of services and help TZ iss expected to liberalize trade ade and th develop opportunities available shoree companies. main purposes
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http://www.thaifurnitureclub.or.th/EN/En-AEC.php ASEAN ECONOMIC COMMUNITY What is ASEAN Economic Community (AEC)? ASEAN signifies continuous economic growth among members. After the attempts to establish ASEAN Free Trade Area (AFTA) have been achieved in 2003‚ the 8th ASEAN Summit in November 2002 agreed to set ASEAN direction towards ASEAN Economic Community (AEC)‚ similar to that of the European Economic Community (EEC). At the same time‚ ASEAN members were encouraged to improve their internal
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China (Shanghai) Pilot Free Trade Zone was launched on September 29‚ 2013. It is being used as China’s experiment field to test policies for economic and social reforms. The main characteristics of the free trade zone are its open market‚ freedom from the majority of the tariffs and its liberal investment policies. It was established as a solution to the slowdown in China’s economy and increasing concerns about the rising debt of the country. With the opening of this zone‚ Chinese private enterprises
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THE ASEAN COMMUNITY 2015: BENEFICIAL TO THE PHILIPPINES By 2015‚ the ten nations that make up the Association of Southeast Asian Nations envisions an “ASEAN Economic Community‚” which will establish a highly competitive single market and production through the integration of their economies. There will be free flow of goods‚ services‚ investment capital and skilled labor following the liberalization. These will include tariff reductions and streamlining of certain administrative procedures. Many
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size of market and free flow of labor and capital 3 Free Trade Area a common external preferential tariff scheme to promote the free flow of goods within ASEAN.[44] The ASEAN Free Trade Area (AFTA) is an agreement by the member nations of ASEAN concerning local manufacturing in all ASEAN countries 4 Exchange in technology: each country will have an opportunity to gain new technology such as technology in production and medical 5Product price will decrease: because of the free flow in labor and
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Case Questions NAFTA and the Prospects of Free Trade in the Americas 1. Why did the US‚ Canada and Mexico sign the NAFTA? Which sectors would you expect to gain most from this agreement? 2. In what ways has NAFTA been beneficial or harmful for the countries that signed it? 3. Should the US encourage the formation of FTAA? PS2 - The China Question 1. Should PS2 enter the China Market? Is it ready to enter the China market now? If not‚ what limitations need to be overcome? 2. Is export
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Regional Cooperation of ASEAN To investigate the character of ASEAN regional cooperation‚ some questions‚ as asked in the case of the EU‚ would also be asked in the case of ASEAN. Whether regional integration is consciouslycreated and driven by deliberate political sanction‚ or whether regional integration arises out of world economies and private market actors. These questions aim to analyze the relationship between formal and informal organization‚ and between regionalism and regionalization in
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Ecotourism development in ASEAN one of breakthrough leap to bring ASEAN Vision into reality‚ charts a future direction for ASEAN as a concert of Southeast Asian nations‚ outward-looking‚ living in peace‚ stability and prosperity‚ bonded together in partnership in a just‚ democratic‚ and harmonious environment‚ dynamic development and ever-closer economic integration and in a community of caring societies‚ conscious of its ties of history‚ aware of its shared cultural heritage and bound by a common
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Edward van der Griend Mr. Fitzpatrick CHI 4U1 November 14 2014 Negative Effects of the Fur Trade on the Aboriginals of Canada When Europeans first came to the New World‚ there was a language barrier between them and the aboriginals. To show peace‚ each side would trade some goods to create a bond between them and show that they can trust each other. The Europeans would trade tools and other European goods for furs from the Aboriginals. The Aboriginals needed the tools and the Europeans wanted the
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1. Introduction As one of the world-wide international organizations‚ the World Trade Organization (WTO) has played a crucial role to ensure trade open between the members and has produced benefits for them since its inception. This essay will focus on appraising the impactions of WTO on facilitating international trade over the last fifteen years. Firstly‚ an overall description of the WTO will be provided; then it is going to show a multiple evaluation of the WTO’s performances; lastly‚ it will
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