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China's Trade: Theory and Policy

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  • Bing Zhao

Abstract

The paper reviews the writings of Chinese economists on economic principles relating to international trade. The principal argument presented is that China's foreign trade policies have developed under the influence of both Marxist and conventional western economic thought, though the latter theories are not openly accepted in China and have been applied on a piecemeal basis. The survey also shows that Marxist economics in general, and the Marxist view of foreign trade in particular, have become less relevant to China's foreign trade policy, both theoretically and practically.

Suggested Citation

  • Bing Zhao, 1991. "China's Trade: Theory and Policy," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 5(1), pages 45-61, March.
    • Handle: RePEc:bla:apacel:v:5:y:1991:i:1:p:45-61
    DOI: 10.1111/j.1467-8411.1991.tb00037.x
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    References listed on IDEAS

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    1. Mill, John Stuart, 1848. "Principles of Political Economy (I): Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number mill1848-1.
    2. Mill, John Stuart, 1848. "Principles of Political Economy (II): Distribution," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 2, number mill1848-2.
    3. Mill, John Stuart, 1848. "Principles of Political Economy (III): Exchange," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 3, number mill1848-3.
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