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Schism : China, America, and the Fracturing of the Global Trading System by Blustein, Paul is a nonfiction available to read on EtoBox.

What is Schism : China, America, and the Fracturing of the Global Trading System about?

China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad – for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies – a cheap currency and heavy-handed state intervention – that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grapplin

Who reads Schism : China, America, and the Fracturing of the Global Trading System?

Author

Blustein, Paul

Publisher

Centre for International Governance Innovation, The; CIGI Press

Published

2019

Language

EN

ISBN

9781928096856

Category

nonfiction

Subjects

Business, Political Science, Government & Politics

Rating

4 / 5 (1 ratings)

Updated

2026-03-24