Beijing Bubble, Beijing Bust: Inequality, Trade, and Capital Inflow into China
AbstractThis paper explores the relationships between inequality, trade, and capital flows into China since the early 1990s and particularly in the first years of the present decade. We show that the rise in economic inequality in China has more to do directly with the activities associated with China’s financial and building boom, notably in Beijing, than with the massive growth in manufacturing employment and in Chinese exports since China joined the WTO in 2001. Nevertheless, it is likely that a flow of profits from the export boom did feed the speculative fires in the capital and elsewhere, and therefore it should be no surprise that the fall of one should be linked to the fall of the other, in a particularly painful reduction of economic inequality.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg in its journal Journal of Current Chinese Affairs - China aktuell.
Volume (Year): 38 (2009)
Issue (Month): 2 ()
Contact details of provider:
Postal: Neuer Jungfernstieg 21, D-20354 Hamburg
Phone: +49 (0)40 42825-593
Fax: +49 (0)40 42825-547
Web page: http://www.currentchineseaffairs.org
More information through EDIRC
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karsten Giese) or (Heike Holbig).
If references are entirely missing, you can add them using this form.