China's role in global governance: A comparison of foreign exchange and intellectual property

Bruce Reynolds, Susan Sell

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review


    On the eve of Chinese Vice President Xi Jinping's 2012 Valentine's Day visit to Washington, the US Business and Industry Council took out a full-page advertisement in The Washington Post. Global governance in intellectual property (IP) and exchange rate (ER) differs in multiple dimensions: the formality of the international regime, the existence of explicit rules; the strength of the regime; and the extent of membership. The United States and China have long battled over IP protection. Over time China has become more assertive, reflecting a dynamic nested within a broader relative international power shift. China's evolving development model has altered its approach to GGOs. Deng Xiaoping's 1978 "Reform and Opening" blueprint began China's engagement in the rapidly globalizing economy. Relations over IP remained tense throughout the late 1980s and 1990s. The United States decried China's failure to protect US-held IP. China is moving from low-wage assembly processes to higher-skill, higher-technology processes, due to rising educational levels and heavy investment.
    Original languageEnglish
    Title of host publicationGlobal Governance and China: The Dragon’s Learning Curve
    EditorsScott Kennedy
    Place of PublicationNew York
    Edition1st edition
    ISBN (Print)978-1-315-10052-4
    Publication statusPublished - 2018


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