KCG Policy Paper No. 4: China between External Pressure and Domestic Policy Reforms: In Search of a Balance

Authors: Rolf J. Langhammer and Wan-Hsin Liu

It was probably a combination of the objective of a constructive response to external headwind from the United States (US) and to some extent also from the European Union (EU) as concerns China’s investment and trade policies on the one hand and the intrinsic insight that opening up the investment and trade sector in China would support its structural change on the other hand, why China in the first half of 2018 has launched a number of reform measures in inward investment and trade. These reform measures are introduced and discussed in more detail in this policy paper.