As a result of deadlocked multilateral trade negotiations, many countries have embarked on the establishment of bilateral and regional trade agreements. Using the Global Trade Analysis Project database and a computabl...As a result of deadlocked multilateral trade negotiations, many countries have embarked on the establishment of bilateral and regional trade agreements. Using the Global Trade Analysis Project database and a computable general equilibrium model, our paper focuses on the impacts of the Transatlantic Trade and Investment Partnership (TTIP) and the Trans- Pacific Partnership (TPP) on the Chinese economy under three scenarios. The results suggest that when only the TTIP is realized, Chinese economic variables are negatively affected. When both the TTIP and the TPP are realized and China is excluded, the combined damage to the Chinese economy is higher than the damage with the TTIP alone. However, the inclusion of China in the TPP has a positively effect on economic variables in China. This indicates that the impacts of China 's participation in the TPP compensate for the negative impacts of the TTIP. Therefore, China should consider being part of the TPP to offset the negative impacts of the TTIP.展开更多
Turkey is one of the main regional powers in the Middle East,a member of OECD and NATO,a quasi-member of the European Union(EU),and an Islamic Turkic-speaking country with a close relationship with Central Asia.The ar...Turkey is one of the main regional powers in the Middle East,a member of OECD and NATO,a quasi-member of the European Union(EU),and an Islamic Turkic-speaking country with a close relationship with Central Asia.The article’s main argument is that China’s strategic partnership framework with Turkey is based on shared or mutual complementary economic and commercial interests,especially the integration of Turkey’s Middle Corridor vision into the Belt and Road Initiative(BRI).However,the synergy between the two grand schemes largely depends on the quality of the bilateral relationship and the development of the Sino-Turkish relations to a comprehensive strategic partnership.As one of the leading powers in the Middle East,Ankara also has a vital part to play in China’s BRI which aims to build links between East Asia,Central Asia,West Asia,Africa,and Europe both overland and by sea.展开更多
文摘As a result of deadlocked multilateral trade negotiations, many countries have embarked on the establishment of bilateral and regional trade agreements. Using the Global Trade Analysis Project database and a computable general equilibrium model, our paper focuses on the impacts of the Transatlantic Trade and Investment Partnership (TTIP) and the Trans- Pacific Partnership (TPP) on the Chinese economy under three scenarios. The results suggest that when only the TTIP is realized, Chinese economic variables are negatively affected. When both the TTIP and the TPP are realized and China is excluded, the combined damage to the Chinese economy is higher than the damage with the TTIP alone. However, the inclusion of China in the TPP has a positively effect on economic variables in China. This indicates that the impacts of China 's participation in the TPP compensate for the negative impacts of the TTIP. Therefore, China should consider being part of the TPP to offset the negative impacts of the TTIP.
文摘Turkey is one of the main regional powers in the Middle East,a member of OECD and NATO,a quasi-member of the European Union(EU),and an Islamic Turkic-speaking country with a close relationship with Central Asia.The article’s main argument is that China’s strategic partnership framework with Turkey is based on shared or mutual complementary economic and commercial interests,especially the integration of Turkey’s Middle Corridor vision into the Belt and Road Initiative(BRI).However,the synergy between the two grand schemes largely depends on the quality of the bilateral relationship and the development of the Sino-Turkish relations to a comprehensive strategic partnership.As one of the leading powers in the Middle East,Ankara also has a vital part to play in China’s BRI which aims to build links between East Asia,Central Asia,West Asia,Africa,and Europe both overland and by sea.