Including Financial Services in Preferential Trade Agreements : Lessons of International Experience for China
The objective of this paper is to address the main considerations for China of including financial services in its preferential trade agreements. The paper briefly reviews China's financial liberalization process and the state of its domestic...
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| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090408151640 http://hdl.handle.net/10986/4092 |
| Summary: | The objective of this paper is to
address the main considerations for China of including
financial services in its preferential trade agreements. The
paper briefly reviews China's financial liberalization
process and the state of its domestic financial system,
discusses the main considerations of including financial
services in China's preferential trade agreements,
compares and contrasts the different
'architectural' approaches that have been used by
countries to include financial services in such agreements,
and identifies good practices in preparing for financial
services negotiations. Particular emphasis is placed on
lessons from Latin American preferential trade agreements,
given their more frequent and extensive coverage of
financial services compared with other regions. |
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