A Comparative Study on Digital Trade Rules in an Era of Globalization—Take European Union, US and China as an Example
DOI:
https://doi.org/10.54097/4y6dfh92Keywords:
Digital trade rules, digital economy cooperation, security protection, dispute settlement.Abstract
In an era of globalization and digitalization, global digital trade is booming. But issues have also emerged, including those on cross-border digital supervision and international dispute settlement mechanisms. And the international rules on these issues are fragmental. With this background, this essay, comparing theoretical essays and legal texts from the European Union, US and China, intends to offer suggestions for China to engage with the construction of a unified set of global digital trade rule. By using the comparative study and legal text analysis, the essay targets finding out the improving direction for the existing deficiencies of Chinese digital rule design, from the aspect of digital economy cooperation, security protection and dispute settlement mechanisms. This essay concludes that China should not only construct the digital trade rules with Chinese characteristics, but also strengthen its international economic and security cooperation, with the respect for other regions to balance its pursuit for both the security and opening up. In terms of dispute settlement, China also needs to strengthen the supervision and absorb wisdom and learn lessons of the European Union (EU), US and China. While supporting the World Trade Organization (WTO), China also needs to reform its flaws and explore the better Alternatives.
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