China’s Economic Relations with Japan, South Korea and Taiwan Sustained by Persistent Technological Gaps

Min-Hua Chiang

East Asian Policy (EAP), 2019, vol. 11, issue 02, 13-23

Abstract: Japan, South Korea and Taiwan are China’s leading sources of imports, a result of China’s efforts to attract foreign direct investment (FDI) to develop its high-technology industry in the 1990s and beyond. Foreign firms in China have relied on importing key components and capital equipment from their home countries. Despite its industrial upgrading in recent years, China continues to run an increasingly large trade deficit with the three economies due to its lack of key technology.

Date: 2019
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DOI: 10.1142/S1793930519000138

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