China's geoeconomic strategy: China as a trading superpower

Xiaojun Li

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Just over three decades ago, when Deng Xiaoping announced the policy of reform and openingup in 1978, China’s total imports and exports of $20.6 billion ranked 32nd among all nations and accounted for less than one percent of global trade. In 2010, China’s total merchandise trade exceeded $3 trillion, 143 times the level of 1978. With an annual growth of 17.2 percent in exports and 16.4 percent in imports, China now account for 10.4 percent and 9.1 percent of global exports and imports, making it the world’s largest commodity exporter and second largest commodity importer.1 China’s meteoric rise to trading superpower status have raised concerns from foreign policymakers as they evaluate how China’s increased economic clout will affect their economies and the global trade regime as a whole. In this context, this article assesses China’s evolving trade policies in the reform era, the sustainability of its export-led growth amidst the global economic downturn, and the implications for global trading governance.

JEL-codes: N0 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2012-05
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://eprints.lse.ac.uk/44204/ Open access version. (application/pdf)

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:ehl:lserod:44204

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().