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  • Online Resource  (4)
  • International and interdisciplinary legal research  (4)
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  • 1
    Online Resource
    Online Resource
    Wiley ; 2018
    In:  The World Economy Vol. 41, No. 8 ( 2018-08), p. 2001-2019
    In: The World Economy, Wiley, Vol. 41, No. 8 ( 2018-08), p. 2001-2019
    Abstract: We introduce a gravity model to the currency choice for cross‐border trade settlement and the Heckman selection model to estimate the impact of the exchange rate on the cross‐border trade settlement of the Renminbi ( RMB ). We analyse bilateral exchange rates using panel data of China and 182 RMB settlement countries, or areas, from 2009 to 2014. We find that, regardless the choice stage or scale stage of RMB cross‐border trade settlement, the appreciation of the RMB does not necessarily promote RMB cross‐border trade settlement. This result holds when we take geographic differences into account and split the settlement of cross‐border trade into merchandise and service trade. We further investigate the channels through which exchange rate influences the cross‐border trade settlement of RMB , and we find that the appreciation of RMB impedes enterprises from choosing RMB as their settlement currency by reducing the scale of export to RMB settlement areas, whereas it speeds up RMB cross‐border trade settlement by increasing the scale of China's import from RMB settlement areas. We find that China's economic strength supports the development of RMB cross‐border trade settlement. However, the geographical distance between China and the RMB settlement areas may inhibit cross‐border trade settlement in RMB .
    Type of Medium: Online Resource
    ISSN: 0378-5920 , 1467-9701
    URL: Issue
    RVK:
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    RVK:
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    Language: English
    Publisher: Wiley
    Publication Date: 2018
    detail.hit.zdb_id: 132896-7
    detail.hit.zdb_id: 1473825-9
    detail.hit.zdb_id: 1285850-X
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  • 2
    Online Resource
    Online Resource
    Kluwer Law International BV ; 2011
    In:  Journal of World Trade Vol. 45, No. Issue 1 ( 2011-02-01), p. 159-186
    In: Journal of World Trade, Kluwer Law International BV, Vol. 45, No. Issue 1 ( 2011-02-01), p. 159-186
    Abstract: Cultural products present themselves dually, as both commercial objects and assets that convey values and identity. The recently decided WTO case of China – Publications and Audiovisual Products provides an opportunity to examine the interface between the ‘specificity’ of cultural products and the ‘generality’ of trade obligations. Based on the DSB reports, this comment centres its analysis on four key issues: the UNESCO Convention as cultural defence, the application of the ‘public morals exception’ to cultural products, the distinction and overlap between cultural goods and services, and the degree to which culture can determine the ‘likeness’ between imported and domestic cultural products. This comment concludes with remarks on the case decisions, lessons China might have learned, and the necessity of reconciling free trade with cultural diversity in the context of economic globalization. The flame knows no rest, for it lives in perpetual conflict between two opposite tendencies. On the one hand, it cleaves to its wick, drinking thirstily of the oil that fuels its existence. At the same time, it surges upward, seeking to tear free of its material tether. – Yanki Tauber, Beyond the Letter of the Law
    Type of Medium: Online Resource
    ISSN: 1011-6702
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    Language: English
    Publisher: Kluwer Law International BV
    Publication Date: 2011
    detail.hit.zdb_id: 228529-0
    detail.hit.zdb_id: 2017315-5
    SSG: 2
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  • 3
    Online Resource
    Online Resource
    Springer Science and Business Media LLC ; 2006
    In:  Frontiers of Law in China Vol. 1, No. 2 ( 2006-06), p. 153-163
    In: Frontiers of Law in China, Springer Science and Business Media LLC, Vol. 1, No. 2 ( 2006-06), p. 153-163
    Type of Medium: Online Resource
    ISSN: 1673-3428 , 1673-3541
    Language: English
    Publisher: Springer Science and Business Media LLC
    Publication Date: 2006
    detail.hit.zdb_id: 2228451-5
    SSG: 2
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  • 4
    Online Resource
    Online Resource
    Springer Science and Business Media LLC ; 2010
    In:  Frontiers of Law in China Vol. 5, No. 4 ( 2010-12), p. 510-531
    In: Frontiers of Law in China, Springer Science and Business Media LLC, Vol. 5, No. 4 ( 2010-12), p. 510-531
    Type of Medium: Online Resource
    ISSN: 1673-3428 , 1673-3541
    Language: English
    Publisher: Springer Science and Business Media LLC
    Publication Date: 2010
    detail.hit.zdb_id: 2228451-5
    SSG: 2
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