|
|
Study on the Contest between Free Trade and Trade Protection in the Current Global Economic Recession: A Perspective of Public International Law
Xueping Li
Frontiers of Law in China. 2011, 6 (1): 17-34.
https://doi.org/10.1007/s11463-011-0116-6
For a long time there has been a contest between free trade and trade protection as the best strategy of promoting local and global economy. When the globe is again in the midst of economic recession, this contest intensifies. The current recession knocks out a severe blow to free trade as the “game rules” of world economy and aggravates the perplexities of free trade in certain aspects, which then arouses suspicion on the legitimacy of free trade. In order to address domestic economic and social problems, the “stimulus packages” of some countries offer much support to trade protection, further intensifying this contest. Confronted with the global economic disaster, trade protection can be helpful for alleviating the pressure in a given economy and thus mitigating domestic contradictions in a short period, but it may also complicate the legal order of trade and bring hindrance to domestic markets as well as international ones, and consequently, it will jeopardize the rights and interests of ordinary consumers and even stir up the grievance and resentment domestically or internationally. As the current economic recession has been a pressing issue for all the countries, there is a dire need for concerted efforts in the globe to stimulate the vigor of world economy and tide over the disaster.
相关文章 |
多维度评价
|
|
|
The Implementation of China’s Anti-Monopoly Law: A Case on Coca-Cola’s Abortive Acquisition of Huiyuan Juice
Jin Sun
Frontiers of Law in China. 2011, 6 (1): 117-130.
https://doi.org/10.1007/s11463-011-0120-x
In 2009 after a six-month investigation, the case regarding Coca-Cola Company’s acquisition of Huiyuan Juice Co., Ltd. (Huiyuan Juice) ended when the Ministry of Commerce of the People’s Republic of China (MOFCOM) rejected this acquisition. This is the first anti-monopoly case since the implementation of Anti-Monopoly Law of China (the “AML”). Foreign acquisitions introduce capital, technical and management experience into China, while they also impair competition in China and lead to the disappearance of some Chinese national brands. In recent years, a series of foreign acquisitions attract extensive attention and even controversies. This phenomenon should be addressed rationally. Following the case concerning Coca-Cola’s attempted acquisition of Huiyuan Juice, this article first assesses the pros and cons of foreign acquisitions, and then analyzes foreign acquisitions by the specific requirements of the AML, pointing out the rationalization, grounds and complexity of the law applicable to foreign acquisitions.
相关文章 |
多维度评价
|
8篇文章
|