The Rise of China as an Economic Power: Implications for Asia and Japan

C. H. Kwan

Chapter 1 in Japan and China, 2002, pp 12-31 from Palgrave Macmillan

Abstract: Abstract The emergence of China as an economic power is having a strong influence on other Asian economies. China is seen as a promising market and destination for foreign direct investment (FDI), on the one hand, and as a competitor in export markets, on the other. As a general rule, higher income countries with trade structures complementary to that of China are likely to benefit, while lower income countries that compete with China are likely to be hurt.

Keywords: Foreign Direct Investment; Capital Stock; Comparative Advantage; Labour Income; Specialization Index (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-0739-4_2

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DOI: 10.1057/9781403907394_2

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