Implications of China's possible participation in the TiSA negotiations

Abstract

Following the failure of the Doha Round, the Trade in Services Agreement (TiSA) negotiations originated, under the leadership of the United States, with the intention of developing new rules to promote further liberalization of services. While its prospects remain unclear, the TiSA has shown great ambition in the depth and breadth of liberalization for services trading and investment. China sincerely sought to join the TiSA negotiations simply because it is necessary in order to upgrade its industrial and economic reforms. However, China faces many challenges, including both suspicion and obstruction by the United States and its own domestic uncertainties and difficulties.