ECON 0602: Lecture 5 Topics China and the WTO WTO and its rules China’s entry to the WTO Trade frictions China’s Foreign Trade: Special Issues China’s FTA: CEPA Sino-US trade imbalance China’s exchange rate Export and employment 1 © HKU ECON 0602 Larry QIU 2/153 What is WTO? China and the WTO: Questions/issues General Agreement on Tariffs and Trade (GATT‚ 1947-1994) What is WTO? 1947‚ Geneva‚ 23 (including China)‚ now 148+ Most Favored Nation Principle
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Your research on China is interesting. It is true that China is a big player in the global market and a major importer and exporter of the United States. A bilateral relationship between the two countries is beneficial as United States and China are dependent on each other for many things. Another dimension of culture that is integrated in business is the gender inequality in China. Despite the Chinese law that indicates equal rights for male and female in every aspect of life‚ gender discriminations
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1.Ethical failures which led to housing crisis: Conflicts of interest‚ shifts in corporate culture‚ heightened competitive pressures‚ and lack of regulatory oversight created a perfect storm that enveloped the entire economy. The mortgage crisis was a result of too much borrowing and flawed financial modeling‚ largely based on the assumption that home prices only go up. Greed and fraud and easy money also played important parts before the mortgage crisis. Our history gives us some very good
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The pomelo fruit is chock full of vitamin C‚ an antioxidant vitamin that helps build healthy collagen and keep cells healthy. Pomela fruit benefitial because it is rich in Vitamin C which is 115.9 milligram per 190 grams of a pomelo fruit. So bleeding and loose gums might be a symbol of Vitamin C deficiency. Enzyme in Vitamin C helps in the development of Collagen‚ a protein that fortifies skin making it skin flexible and initiating wound recovery. Collagen development is not just essential for skin
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Un-wealthy and Undereducated It is a time where the accomplishment of a high school diploma is not enough to have a well-paid career. The struggle is hard enough to finish high school for students whose family is in need of some financial stability. The decision of getting a job or to continue on education after high school is a tough choice. Even though a student may want to help out the family with an extra income‚ he or she will realize it is not so easy anymore. Every day it gets harder to
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Marco Polo in China-Or Not Did Marco Polo Go to China? by Frances Wood Review by: D. O. Morgan Journal of the Royal Asiatic Society‚ Third Series‚ Vol. 6‚ No. 2 (Jul.‚ 1996)‚ pp. 221-225 Published by: Cambridge University Press on behalf of the Royal Asiatic Society of Great Britain and Ireland Stable URL: http://www.jstor.org/stable/25183182 . Accessed: 05/04/2012 09:08 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor
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only encouraged; it is a way of life. The highly developed education systems in China give students a significant advantage in a globalized economy because of their cultural views‚ a wide variety of studied subjects‚ and the competitive nature of society. Culture in China is a huge factor contributing to the education of their students. A big part of their culture is wealth. Although the cost of education in China is negligible by Western standards‚ when you consider the country’s GDP and the
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Case Analysis of Giant Foods. Introduction: This case involves convergent technologies‚ a blending of traditional and cutting-edge business models and an alliance between an established pharmaceutical provider and a fledgling‚ Information Technology based‚ Drug marketing firm. Together‚ these two companies endeavored to create a patient education and prescription drug compliance program by deploying the deep well of customer data acquired by Giant Foods and the proprietary software of Elensys
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within Giant Miscanthus soil. Miscanthus is a perennial‚ rhizomatous‚ giant grass that was originated from East Asia and now distributed worldwide. This subtropical plant has C4 photosynthetic pathway and can be grown in warm seasonal weather. These perennial rhizomatous grasses are promising energy crops due to their high productivity‚ low nutrient requirements‚ ecosystem services and great potential for C mitigation (Lewandowski et al.‚ 2003a; Rowe et al.‚ 2009; Chum et al.‚ 2011). Giant Miscanthus
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photography provides a sustained focus on social changes and unprecedented new social experiences. With support from Bates College‚ I organized this exhibition of photographs with works by seven contemporary Chinese photographers to illuminate the path that China has traveled in the past twenty-five years. The exhibition is intended to illustrate changes in Chinese society to an American audience. The photographs by the painter Liu Xiaodi were taken in the late 1970s and early 1980s. At the time‚ while he
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