The Transformation in the Political Economy of China's Agricultural Trade Liberalisation

Dong Dong Zhang

Asia Pacific Economic Papers from Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University

Abstract: This paper attempts to explore how reform since the late 1970s has transformed the management of China's bilateral economic relations with Japan. The pursuit of comparative advantage changed the pattern of bilateral trade relations between the two countries, with manufactures replacing resources as China's major exports to Japan in the mid-1980s. Internationalisation of the Chinese economy placed China's bilateral economic links with Japan in both a regional and a global context. Decentralisation of foreign trade and investment meant that management of economic relations between the two countries was no longer a centrally planned affair as in the pre-reform era. As their bilateral economic interdependence deepended, China and Japan found that adjustments to domestic interests in one country increasingly resulted in the need for adjustments in the other, at times contributing to bilateral economic disputes. While the bilateral mechanism has been useful in dealing with these bilateral economic disputes, multilateral rules-based institutions and regional and global cooperation have become increasingly important to management of the relationship.

JEL-codes: O53 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1997-03
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://crawford.anu.edu.au/pdf/pep/pep-265.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:csg:ajrcau:265

Access Statistics for this paper

More papers in Asia Pacific Economic Papers from Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University Contact information at EDIRC.
Bibliographic data for series maintained by Akira Kinefuchi ( this e-mail address is bad, please contact ).