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After staging a military coup against the Yingluck Shinawatra government, a junta has been ruling Thailand since 22 May 2014. It has drastically restricted political activities and freedom of speech. There have been numerous human rights abuses, including torture. Under a ‘roadmap to democracy’, a referendum on a new constitution is planned for August 2017 and could be followed by elections at a later stage. However, the military might retain power until the king’s successor accedes to the throne ...

Section 15 of China’s Protocol of Accession to the World Trade Organisation (WTO) allows importing WTO members to determine, under their national law, whether China is considered to be a market economy for the purpose of price comparability and of calculating dumping margins. Some provisions of this section expire on 11 December 2016, leaving uncertainty as to how China should be treated in antidumping investigations thereafter. The European Parliament’s Committee on International Trade (INTA) organised ...

The EU's trade policy does not exist in a vacuum. On the one hand, it is affected by international standard and rule-setting. On the other hand, the EU is itself an influential actor shaping the international trade agenda by participating in the work of international organisations and fora. This short note focuses on the United Nations Conference on Trade and Development (UNCTAD).

Market economy status (MES) – a technical term used in antidumping investigations – has come to the top of the international agenda, bringing heated discussions on whether or not China will soon be granted this status. China argues that its WTO accession documents foresee an automatic acquisition of MES after 11 December 2016. Yet for many other WTO members, the text in question – Section 15 of China's Protocol of Accession – is subject to interpretation. The issue is sensitive for a number of reasons ...

Given the underwhelming results of the large-scale fiscal and monetary stimulus implemented by the administration of Japanese Prime Minister Shinzo Abe, the country is now focusing on structural reforms. The government's new economic and fiscal plan – released in late June 2015 – is clear in its message: to reduce Japan’s gigantic debt, now estimated at over 246 % of GDP, and achieve fiscal sustainability, the country needs robust economic growth. The government is betting that structural reforms ...

China: Economic Outlook, 2015

Részletes elemzés 15-07-2015

China stands now at a crossroads, where factors that for many years contributed to its growth have nearly – if not completely – exhausted their potential. As domestic economic challenges grow more pressing, Beijing has embarked on a new development strategy to 'rebalance' its economy and reinforce its integration into global markets. A number of elements of this strategy – including the 'One Belt One Road' initiative – are likely to have a major impact across the globe.

Trade and economic relations with China 2015

Részletes elemzés 23-06-2015

The EU's trade and economic relations with China, the global leader in trade, are generally good, and the number of disputes reasonable. Yet the EU is dissatisfied with China's reluctance to fully implement its commitments to the World Trade Organisation (WTO) and, more generally, with its protectionist measures, which often hurt EU interests. For its part, Beijing is still dissatisfied with the EU's refusal to grant the country 'market economy' status and with other measures it believes limit China's ...

Protectionism in the G20 (2015)

Tanulmány 09-03-2015