Chinese Foreign Trade Policy within GATT-WTO: Parallel or Shadow Institutionality?

Carlos Hernán González-Parias, Jose Jaime Baena-Rojas, Juan Camilo Mesa-Bedoya

Abstract


The discussion of China's rise as a global economic and political power in recent decades has been fueling various theoretical discussions based on the evolution of its foreign trade policy. Hence, empirical research method is proposed in the field of international law involving the study of institutions, norms and procedures based on academic evidence. In this sense, this article analyzes the underlying reasons why this country, despite its late insertion into the Multilateral Trading System, has a relevant influence in the present. In fact, this influence from China has generated a scenario of regionalism both in the Asia-Pacific and with other strategic partners. All this, in addition to also evidencing a progressive "shadow institutionalism". Thus, this whole previous situation means that exist a real primacy achieved by China at world nowadays which also tends, in certain circumstances, to tarnish and even undermine the role of the GATT-WTO paradigm and its logic of multilateralism. Accordingly, this implies a particular scenario that suggest a whole parallel model of authority that affects the dynamics of international relations.


Keywords


Business Law; Foreign Trade Policy; China; Multilateralism; Institutionality

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DOI: http://dx.doi.org/10.20956/halrev.v9i3.4835

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