China-Australia trade relations towards the 21st century

Muttukumaru, Mark. (1994). China-Australia trade relations towards the 21st century , School of Economics, The University of Queensland.

       
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Author Muttukumaru, Mark.
Thesis Title China-Australia trade relations towards the 21st century
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1994
Total pages 1
Language eng
Formatted abstract China remains outside the important global institutions which govern the rules and arrangements of the multilateral trading system. As a partially reformed socialist economy, it has no access, through membership of the General Agreement of tariffs and Trade (GATT). However China will join the GATT agreement in the mid 1990’s with the main objective of liberalising its markets. For Australia, China’s GATT accession will be particular importance. If Australia establishes sound trade links with China, it could gain from unprecedented growth of exports to the region. China does however significant trade barriers which will inhibit trade with Australia unless there are some liberalising reforms. The future of Australia-China trade hinges on China’s ability to reduce these protectionist policies, so that trade will remain strong and open, well into the 21st century.

 
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