@article{Francois:330928,
      recid = {330928},
      author = {Francois, Joseph and Spinanger, Dean},
      title = {With Rags to Riches but Then What? Hong Kong's T & C  Industry vs. the ATC and China's WTO Accession},
      address = {2001},
      pages = {24},
      year = {2001},
      note = {Presented at the 4th Annual Conference on Global Economic  Analysis, Purdue University, USA},
      abstract = {After some 30 years in existence quotas on textile and  clothing (T&C) exports from developing countries are being  phased out as of 31/12/04. Using a 9 sector, 24  country/region disaggregation of GTAP4, updated with quota  rents from 1998/99, the impact of this UR-dictated  liberalization of trade in T&C products on Hong Kong is  examined. Just as important in this context is the analysis  of what China's accession to the WTO means for Hong Kong  and the other major T&C exporters. How will Hong Kong T&C  companies react, knowing how deeply they are involved  throughout Asia and into China? And what if surge clauses –  sanctioned in China's WTO Protocol of Accession – are  leveled against China? These and other relevant questions  lead to conclusions being drawn on the future of Hong  Kong's T&C industry.},
      url = {http://ageconsearch.umn.edu/record/330928},
}