China S Changing Trade And The Implications For The Clmv
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China S Changing Trade And The Implications For The Clmv
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Author : Mr.Koshy Mathai
language : en
Publisher: International Monetary Fund
Release Date : 2016-09-01
China S Changing Trade And The Implications For The Clmv written by Mr.Koshy Mathai and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-01 with Business & Economics categories.
China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.
China S Changing Trade And The Implications For The Clmv
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Author : Mr.Koshy Mathai
language : en
Publisher: International Monetary Fund
Release Date : 2016-09-01
China S Changing Trade And The Implications For The Clmv written by Mr.Koshy Mathai and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-01 with Political Science categories.
China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.
Asean China Economic Relations
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Author : Saw Swee-Hock
language : en
Publisher: Institute of Southeast Asian Studies
Release Date : 2007
Asean China Economic Relations written by Saw Swee-Hock and has been published by Institute of Southeast Asian Studies this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
Examines the rapidly expanding economic relations between ASEAN and China in recent years, covering trade, investments, economic challenges, competition and opportunities in the various sectors of the two economies.
People S Republic Of China
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Author : International Monetary Fund. Asia and Pacific Dept
language : en
Publisher: International Monetary Fund
Release Date : 2017-08-15
People S Republic Of China written by International Monetary Fund. Asia and Pacific Dept and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-15 with Business & Economics categories.
This Selected Issues paper examines the drivers and prospects for high levels of savings in China. China has one of the highest levels of national savings in the world, which is at the heart of its external and internal imbalances. High and rising household savings have mainly resulted from demographic changes as a result of the one-child policy and the breakdown of the social safety net during the transition from a planned to a market economy. Demographic changes will put downward pressure on national savings. Policy efforts to strengthen the social safety net and reduce income inequality are also needed to reduce savings further and faster and to boost consumption.
China S Economic Footprint In South And Southeast Asia A Futuristic Perspective Case Studies Of Pakistan Sri Lanka Myanmar And Thailand
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Author : Reena Marwah
language : en
Publisher: World Scientific
Release Date : 2021-09-17
China S Economic Footprint In South And Southeast Asia A Futuristic Perspective Case Studies Of Pakistan Sri Lanka Myanmar And Thailand written by Reena Marwah and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-17 with Political Science categories.
The labyrinthine BRI projects, aimed at realizing win-win benefits, have created new challenges for the host countries. Economic aspirations must be shielded and protected by security umbrellas, thus making these countries partners of the China-dominated security architecture. Nowhere is this more evident than in the countries of Sri Lanka and Pakistan. Despite Southeast Asian nations being viewed as within the ambit of China's historical sphere of influence, Myanmar and Thailand provide experiences different from their neighbours. This book analyzes China as an economic juggernaut, undergirded by global ambitions, expanding its economic footprint across South and Southeast Asia through trade, technological supremacy and territorial acquisitions. The authors also navigate China's policies at home and abroad, providing a futuristic perspective on China's path to victory. The book provides answers to compelling questions as:
China S Rise In Mainland Asean Regional Evidence And Local Responses
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Author : Suthiphand Chirathivat
language : en
Publisher: World Scientific
Release Date : 2020-09-28
China S Rise In Mainland Asean Regional Evidence And Local Responses written by Suthiphand Chirathivat and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-28 with Political Science categories.
In today's rapid rise and expansion of China's influence all around the world and in ASEAN during the past two decades, there has been an increasing awareness of various countries and regions adjusting themselves to the new trends, both in terms of opportunities and risks alike. This has become necessary due to the rapid changes in many aspects — political landscapes, economic issues, as well as social and cultural considerations. This book, China's Rise in Mainland ASEAN: Regional Evidence and Local Responses, provides timely insights on some of the latest issues pertaining to ASEAN and China, rapidly shifting interactions and upcoming geostrategic challenges.ASEAN can be said to be undergoing a new era, with China becoming more intertwined and involved with the ASEAN region than ever before. The complexity of the regional dynamics means that this phenomenon cannot be captured with a single narrative or discipline of study. In addressing the matters at hand, this book sets out to examine and provide deeper understandings on the regional implications, and local responses from ASEAN countries, and from the perspective of the region as a whole. The underlying rationale is that adequate understanding on the matters involved in this new ASEAN-China era will help to encourage better and mutually beneficial relationships between both sides.The analysis of this book will be categorized into four main themes — (1) 'The Big Picture', concerning China's policies, strategies, and diplomatic stances, (2) 'Implications and Responses', dealing with how ASEAN members react and respond to China's actions and regional influence, (3) 'Perspectives on Trade, Investment and External Debt', which handles the economic facets of the ASEAN-China interactions, and (4) 'Connectivity in Focus', addressing various emerging and existing dimensions of connectivity expansion between ASEAN and China, both physical and virtual.
China S Uneven And Combined Development
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Author : Steven Rolf
language : en
Publisher: Springer Nature
Release Date : 2020-10-15
China S Uneven And Combined Development written by Steven Rolf and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-15 with Political Science categories.
This book mobilises the theory of uneven and combined development to uncover the geopolitical economic drivers of China’s rise. The purpose is to explain the formation and trajectory of its economic ‘accumulation system’ — which remains a confounding hybrid of statist and neoliberal forms of capitalism — as the outcome of China’s geopolitical engagement of the USA during the late stages of the Cold War, and its participation in manufacturing global production networks (GPNs). Fear of geopolitical catastrophe drove China to open its economy, while GPNs enabled China to generate substantial export surpluses which could be recycled through state-owned banks as cheap credit and subsidies to large, vertically integrated and politically-controlled state-owned enterprises. In this way, a synergy emerged between the ‘neoliberal’ and ‘Keynesian-Fordist’ sectors of the economy, while the national-territorial state retained its form and expanded its functions. The book chronicles how this reliance on export surpluses, however, rendered China extremely vulnerable to external shocks — prompting a dramatic monetary and fiscal stimulus response to the crisis of 2008, even while sustaining the illusion of economic ‘decoupling’ from the global economy. Finally, it examines the growing role of the state in the current crisis-ridden economic model, as well as China’s current geoeconomic and geopolitical expansionism in areas such as the Belt and Road Initiative and the militarisation of the East and South China Seas.
Imf Publications Catalog Spring 2017
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Author : International Monetary Fund. Communications Department
language : en
Publisher: International Monetary Fund
Release Date : 2017-04-05
Imf Publications Catalog Spring 2017 written by International Monetary Fund. Communications Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-05 with categories.
Spring 2017 IMF Publications Catalog highlights all new and forthcoming publications from the IMF, in addition to key titles in the IMF collection.
Spillovers From The Maturing Of China S Economy
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Author : Allan Dizioli
language : en
Publisher: International Monetary Fund
Release Date : 2016-11-15
Spillovers From The Maturing Of China S Economy written by Allan Dizioli and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-15 with Business & Economics categories.
China’s transition to a new growth model continues and the impact has been felt across the globe. Several trends contribute to the ‘maturing’ of China’s economy: i) structural slowing on the convergence path; ii) on-shoring deepening; and iii) demand rebalancing from investment towards consumption. In the short term, financial stress may lead to a cyclical slowdown. This paper discusses and quantifies spillovers to the global economy from these different developments. The analysis is undertaken using the APDMOD and G20MOD, both modules of the IMF’s Flexible System of Global Models. For plausible values of these developments, the overall impact on the global economy is not large. However, the impact on China’s closest trading partners and commodity exporters can be notable.
World Economic Outlook October 2016
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2016-10-04
World Economic Outlook October 2016 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-04 with Business & Economics categories.
According to the October 2016 "World Economic Outlook," global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017. The forecast, revised down by 0.1 percentage point for 2016 and 2017 relative to April’s report, reflects a more subdued outlook for advanced economies following the June U.K. vote in favor of leaving the European Union (Brexit) and weaker-than-expected growth in the United States. These developments have put further downward pressure on global interest rates, as monetary policy is now expected to remain accommodative for longer. Although the market reaction to the Brexit shock was reassuringly orderly, the ultimate impact remains very unclear, as the fate of institutional and trade arrangements between the United Kingdom and the European Union is uncertain. Financial market sentiment toward emerging market economies has improved with expectations of lower interest rates in advanced economies, reduced concern about China’s near-term prospects following policy support to growth, and some firming of commodity prices. But prospects differ sharply across countries and regions, with emerging Asia in general and India in particular showing robust growth and sub-Saharan Africa experiencing a sharp slowdown. In advanced economies, a subdued outlook subject to sizable uncertainty and downside risks may fuel further political discontent, with anti-integration policy platforms gaining more traction. Several emerging market and developing economies still face daunting policy challenges in adjusting to weaker commodity prices. These worrisome prospects make the need for a broad-based policy response to raise growth and manage vulnerabilities more urgent than ever.