Publication Type
Journal Article
Version
publishedVersion
Publication Date
9-2020
Abstract
China is incrementally developing a new, decentralized model of trade governance through a web of finance, trade, and investment initiatives involving memorandum of understanding, contracts, and trade and investment treaties, supported by an indigenous innovation policy that is transnational in its reach. In this way, China could create a vast, Sino-centric, legal order in which the Chinese state plays the nodal role. It is a hub and spokes model, with China at the hub. In this article, we first examine China’s export of an infrastructure-based development model, implemented through Chinese state-owned and private enterprise investments and commercial contracts (Part B), before turning to China’s development of a complementary web of free trade and investment agreements (Part C), and an indigenous innovation policy (Part D). The paper theorizes and empirically traces how these Chinese initiatives shape the evolving ecology of the transnational legal order for trade.
Keywords
China, Economic policy, Government policy, trade governance
Discipline
Asian Studies | International Trade Law | Law
Research Areas
Asian and Comparative Legal Systems
Publication
Journal of International Economic Law
Volume
23
Issue
3
First Page
607
Last Page
635
ISSN
1369-3034
Identifier
10.1093/jiel/jgaa013
Publisher
Oxford University Press (OUP)
Citation
SHAFFER, Greg and GAO, Henry S..
A new Chinese economic law order?. (2020). Journal of International Economic Law. 23, (3), 607-635.
Available at: https://ink.library.smu.edu.sg/sol_research/3918
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1093/jiel/jgaa013