Clash of powers : US-China rivalry in global trade governance /

Clash of powers : US-China rivalry in global trade governance /

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Bibliographic Details
Author / Creator:	Hopewell, Kristen, 1978- author.
Imprint:	Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2020. ©2020
Description:	xii, 249 pages : illustrations ; 24 cm
Language:	English
Subject:	International trade -- Political aspects. Commercial policy. Hegemony. Balance of power. Balance of power. Commercial policy. Hegemony. International economic relations. International trade -- Political aspects. United States -- Foreign economic relations. China -- Foreign economic relations. China. United States.
Format:	Print Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12521435

Hidden Bibliographic Details
ISBN:	9781108834797 1108834795 9781108819862 1108819869 9781108877015
Notes:	Includes bibliographical references (pages 215-239) and index.
Summary:	"This book analyzes the impact of a rising China on global trade governance. There is considerable debate about the extent and significance of China's rise. Are we in the process of a hegemonic transition, or does the US maintain its dominance? Can the existing US-led system of global economic governance adapt to the rise of China? I argue that regardless of whether or not China will ever overtake the US as hegemon, the rise of China has already proven highly destabilizing for the system of global trade governance created under US hegemony. Even if the US maintains a preponderance of power in the international system, its capacity to direct and steer global trade governance - which until now has been a defining feature of its hegemony - has been severely diminished. China's ascent has substantially weakened American control over the institutions and rules governing global trade. The US and China are engaged in a battle to set the rules of global economic competition; each wants its own interests and preferences to be inscribed in the institutions and laws governing global trade. As this book shows, the growing rivalry between these two dominant powers has paralyzed global trade governance and rule-making"--
Other form:	Online version: Hopewell, Kristen, 1978- Clash of powers Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2020. 9781108877015

Table of Contents:

Introduction
The Doha Round impasse
The new politics of agricultural subsidies: a US-China battle
The dragon in the world's oceans: fisheries subsidies
Beyond the WTO: erosion of the export credit arrangement
Negotiating in the dragon's shadow: export credit for coal plants
Conclusion.