TTIP’s implications for China
TTIP’s implications for China

Summary/Abstract: In this research paper, the author focuses on the analysis of the implications of the Transatlantic Trade and Investment Partnership (TTIP) for China. In the recently launched TTIP negotiations between the USA and the European Union, it has been emphasized that the talks will make reducing regulatory barriers a signature issue. The emphasis on overcoming these barriers has generated some excitement, with large figures being offered as estimates of the resulting economic gains. New agreements to remove trade barriers aim at reducing dead-weight costs and increasing net social gains from international trade. This paper examines the problem of regulatory barriers and offers an assessment of what can be achieved. Ideally, the best way to address problems arising from regulatory divergence would be to take into account the relations of the EU and USA with China in terms of multilateral collaboration. The main aim of the paper is the presentation of the TTIP’s implications for China. The particular objective of the research task here is the regulatory trade barriers in the USA-EU foreign trade policy, the nature and the promoters of the Transatlantic Trade and Investment Partnership (TTIP), interrelationship between regulatory standards and international cooperation in the TTIP, and TTIP’s impact on China.

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