China and world trade rules

A piece on China, globalization and trade rules in the Project Syndicate makes for an interesting read. In Globalization with Chinese characteristics, Barry Eichengreen argues that trade rules influenced by China will be very different from the current ones. 

In sum, while a China-led global economy will remain open to trade, it will be less respectful of US intellectual property, less receptive to US foreign investment, and less accommodating of US exporters and multinationals seeking a level playing field.

Will China really shape future multilateral trade and investment rules? Will it do so in the WTO, regionally or in numerous bilateral agreements? 

We have blogged about China and trade rules here and here.