Vertical Specialization And Trade Surplus In China

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Vertical Specialization And Trade Surplus In China

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Author : Wang Wei
language : en
Publisher: Elsevier
Release Date : 2013-05-09

Vertical Specialization And Trade Surplus In China written by Wang Wei and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-09 with Business & Economics categories.

The traditional flow of goods from primary production through to manufacturing and consumption has expanded across international borders conterminously with globalization. Vertical specialization (VS) in processing and manufacturing in China has driven export growth. In particular, intra-industry and intra-product trade between China, the US and East Asia has increased China’s trade surplus over the long term. Vertical Specialization and Trade Surplus in China aims to measure the level of VS in the Chinese manufacturing industry to provide a more accurate representation of China’s trade surplus, and gives empirical analysis on provinces and products with important VS activities in order to assess China’s trade value-added. Exploring the vertical division of labour, and foreign direct investment (FDI) driving China’s import and export imbalance, the book is divided into eight chapters, each covering an aspect of VS in China. The first chapter outlines the aims and method of the study. Chapter two covers VS trade pattern and trade surplus. Chapter three looks at FDI and the import and export imbalance, and chapter four covers the relationship between VS and import and export of foreign invested enterprises. The fifth chapter considers the causes and prospects for growth in China-US and China-Japan trade. Chapters six and seven give an empirical analysis of VS and trade surplus, and a breakdown of VS per industry in China’s provinces. Finally, chapter eight considers rebalancing imports and exports in China. Measures VS across China including the developed provinces based on the newest input-output table Presents the main provinces and products closely related to VS Gives evidence on global VS trade patterns from China’s national data

Achieving Inclusive Growth In China Through Vertical Specialization

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Author : Wei Wang
language : en
Publisher: Chandos Publishing
Release Date : 2016-03-17

Achieving Inclusive Growth In China Through Vertical Specialization written by Wei Wang and has been published by Chandos Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-17 with Business & Economics categories.

Vertical Specialization and Inclusive Growth in China discusses the two interrelated developments that have transformed the Chinese economy in recent years. First, the global community has increased calls to foster inclusive economic growth, with China embracing this trend. Second, the explosive growth in China’s trade resulting from international vertical specialization production and trade networks which has complicated the notion of inclusive growth in the Chinese context. This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth. Argues that inclusive growth and vertical specialization analyses must be performed together Gives quantitative evidence for the link between vertical specialization and inclusive growth in China Investigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniques Offers insight on forming future policy in China to increase inclusive growth

On China S Trade Surplus

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Author : Tao Yuan
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-07-19

On China S Trade Surplus written by Tao Yuan and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-19 with Business & Economics categories.

China’s trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China’s foreign trade and China’s role in global trade have developed, and to how to benefit from trade with China. In this book, many hot topics are analyzed, such as: What promotes China’s trade surplus? Why doesn’t it have a trade deficit? What are the relations between trade frictions and China’s trade surplus, and how can trade frictions be reduced? What is the deeper meaning of the U.S. trade deficit with China?

The Shifting Structure Of China S Trade And Production

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Author : Li Cui
language : en
Publisher: International Monetary Fund
Release Date : 2007-09

The Shifting Structure Of China S Trade And Production written by Li Cui 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 2007-09 with Business & Economics categories.

This paper uses disaggregated trade data to assess how the expansion of China's production capacity and its changing production structure may be affecting its trade linkages with other countries. It finds that China is moving away from traditional assembly operations in its processing activities and its exports have started to rely more on domestically sourced components. In turn, China's imports and exports have begun to delink, with increased domestic sourcing contributing to the recent increase in its trade balance. In addition, as China moves up the value chain, both its imports and exports have become more sophisticated than in the past. As a result of these shifts, China may be becoming more exposed to fluctuations in the strength of the global economy, and changes in its exchange rate could have a bigger impact on the trade balance and the domestic economy than commonly believed.

Decoding China S Export Miracle A Global Value Chain Analysis

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Author : Yuqing Xing
language : en
Publisher: World Scientific
Release Date : 2021-03-17

Decoding China S Export Miracle A Global Value Chain Analysis written by Yuqing Xing and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-17 with Business & Economics categories.

In less than three decades, China has emerged as the world's largest exporting nation with more than $2 trillion exports annually. China's quick rise as a leading exporter in the world is an unprecedented miracle. There are many theories explaining this miracle. This book adopts the global value chain (GVC) approach to analyze the Chinese export miracle over the last four decades. It focuses on the tasks rather than the gross export value and emphasizes the organizations of modern trade rather than the national comparative advantage. The GVC approach systematically explains how, in less than four decades China has evolved from a closed economy to the world's No. 1 exporting nation; why China, a developing country, has exported more high-technology products than labor-intensive products to the US; and why almost half of the US trade deficit has originated from China.The book identifies three spillover effects of GVCs that originated from brands, technology and product innovation, and distribution and retail networks of GVCs lead firms. It argues that China's deep integration with GVCs has been a decisive factor for China's emergence as the world's No.1 exporting nation and the champion of high-technology exports. In addition, this book uses iPhone trade and the operation of Apple, the largest factory-less American manufacturer, to explain how current trade statistics exaggerate China's exports to and its trade surplus with the US on the one hand, and underestimate US exports on the other hand.By using the experience of the Chinese mobile phone industry, the book argues that the GVC strategy can be a short-cut for developing countries to achieve industrialization and enable firms of developing countries to enter high-technology sectors despite their intrinsic disadvantages. At this end, the book also discusses the future trajectory of China-centered GVCs under the shadow of the US-China trade war and the COVID-19 pandemic.

China S Growing Role In World Trade

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Author : Robert C. Feenstra
language : en
Publisher: University of Chicago Press
Release Date : 2010-03-10

China S Growing Role In World Trade written by Robert C. Feenstra and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-10 with Business & Economics categories.

In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Trade Patterns And Global Value Chains In East Asia

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Author : World Trade Organization
language : en
Publisher:
Release Date : 2011

Trade Patterns And Global Value Chains In East Asia written by World Trade Organization and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.

Changing Patterns Of Global Trade

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Author : Nagwa Riad
language : en
Publisher: International Monetary Fund
Release Date : 2012-01-15

Changing Patterns Of Global Trade written by Nagwa Riad 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 2012-01-15 with Business & Economics categories.

Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

The New Trend Of Global Industrial Division Of Labor And China S Responses

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Author : Bei Jin
language : en
Publisher: Springer Nature
Release Date : 2022-11-02

The New Trend Of Global Industrial Division Of Labor And China S Responses written by Bei Jin and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-02 with Business & Economics categories.

This book explores the dynamic process of International Division of Labor with constant development and changes. The process reflects not only the development level of productivity, but also relations between countries. What would be the evolution path for the International Division of Labor? How to improve China's and emerging economies' competitiveness to meet the new industrial revolution? The book aims to answer the questions under the global context. China would explore the innovation in new economic forms to strengthen international cooperation and avoid the intensified trade frictions brought about by its industrial upgrading.

Geopolitics Supply Chains And International Relations In East Asia

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Author : Etel Solingen
language : en
Publisher: Cambridge University Press
Release Date : 2021-05-06

Geopolitics Supply Chains And International Relations In East Asia written by Etel Solingen and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-06 with Business & Economics categories.

An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.