The People’s Republic of China and its Neighbors: Evolving Patterns of Trade and Investment
The rapid growth of the People's Republic of China (PRC) has generated considerable concern among neighboring countries that they will lose export markets and foreign investment to PRC. This view is not backed by firm, empirical evidence. Drawing on trade theory this paper surveys the results of a diverse set of studies that use different approaches ranging from simple descriptions of trade data, to econometric analyses of trade and investment, to full macroeconomic models.
The general conclusion is that PRC's rapid growth offers significant opportunities for neighbors to increase their exports to PRC and this is likely to more than offset losses in other markets. Similarly, the fear of foreign investment diversion to PRC seems exaggerated.
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Comment(s)
There are [1] comment(s) for this entry. Post a comment. - Kazi Iqbal Sayeed
(posted 03 September 2005 / 07:09:19 PM)
Just define the way exactly you want to fetch results from and proceed it with 100 %. That's all that makes a pattern of success. Thank you.
- Kazi I.S.
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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