The paper examines the economic relations between Italy and China taking account of China’s place in the world economy and the role of Chinese entrepreneurs active in Italy. China imports semi-manufactured goods from the most developed Asian economies, transforms them into finished goods, and exports them as such. Firms in the west, including Italy, are also exploring ways of decentralising their production in China. The Chinese entrepreneurs working in Italy are present in industrial districts in Tuscany (at Prato), in Emilia-Romagna (at Carpi), and in Campania (at San Giuseppe Vesuviano). This paper examines the role of these small Chinese firms at work in Italy, and the change it has seen in recent years from that of local producers to intermediaries of overseas Chinese enterprises. The presence of Chinese entrepreneurs in Italy and their changing role over time prompt redefinition of the trends in Italo-Chinese economic relations.
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Article provided by Associazione Rossi Doria in its journal QA.
Find related papers by JEL classification: F14 - International Economics - - Trade - - - Country and Industry Studies of Trade F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development