Has China Displaced Other Asian Countries’ Exports?
David Greenaway,
Aruneema Mahabir and
Chris Milner
Chapter 4 in China and the World Economy, 2010, pp 60-90 from Palgrave Macmillan
Abstract:
Abstract China has rapidly emerged as a major player on the global economic scene as a result of economic reforms and progressive trade liberalization since 1978. Over the past 25 years, it has registered annual average GDP growth rates of around 9% and a spectacular expansion of external trade of more than 15% a year. In 2003, it was already the sixth largest economy (at market exchange rates), the fourth largest global trader and premier recipient of foreign direct investment globally.
Keywords: Foreign Direct Investment; Gravity Model; Bilateral Trade; Computable General Equilibrium; Displacement Effect (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-05986-4_4
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DOI: 10.1057/9781137059864_4
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