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Vertical Specialization and Trade Surplus in China
book

Vertical Specialization and Trade Surplus in China

by Wang Wei
May 2013
Intermediate to advanced
204 pages
3h 33m
English
Chandos Publishing
Content preview from Vertical Specialization and Trade Surplus in China
11

Closing remarks: rebalancing the Chinese trade

Abstract:

FDI inflows and foreign trade have played important roles in accelerating China’s economic growth and optimizing its industrial structure. In addition, analysis shows that US FDI into China and the trade between the two countries are complementary in the long run. Based on China’s experience, rebalancing trade should be defined as the transformation of the pattern and structure of national benefits, methods of competition, market expansion patterns and ways of utilizing resources. Thus, rebalancing trade should expand beyond a view of China as a final goods exporter; it should embrace the value added by the fragmentation of production.

Key words

Rebalancing

FDI

China’s experience ...

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Publisher Resources

ISBN: 9780857094469