Economic Power Play: Assessing China's Trade Policies Solved CSS Essay

 Global Trade and Trade Policy of China Solved CSS Essay

Economic Power Play: Assessing China's Trade Policies

Outline 

1. Introduction

2. What is meant by global trade, and how does China's trade policy affect it?

3. Historical Perspective

4. Current scenario

5. To what extent is it true that the global trade and trade policy of China is a challenge for the world? Yes, it is true because 

 i) Global trade needs global consensus 

ii) Global trade is a global competition for survival to the fittest.  

iii) Global trade boosts global markets

iv) Trade policy of China is a threat to US hegemony.

v) CPEC BRI Vs. B3W

6. Rationale behind Global trade

i) National interest 

ii) Balance of power

iii) Balance of terror

iv) International community

v) World Economy

7. Impacts

i) Global conflicts and wars

ii) Global warming

iii) Global Economic crises 

   a) The Great depression from 1929 to 1939, 

   b) Asian financial crisis 1997

   b) The Global financial crisis from 2007 to 2008

iv) Global diseases such as Covid'19

v) Terrorism

8. Steps already taken

I) World trade organization (WTO)

ii) North American free trade agreement (NAFTA)

iii) European Union (EU)

iv) China's free trade agreements (FATS)

v) Made in China 2025

9. Remedies

i) Market Opportunities

ii) Supply chain logistics

iii) Strategic partnerships

iv) International law compliance

v) Local Resources

10. Conclusion