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Automotives and Electronics: What Explains Export Success in Chinese Firms?

In: China Rules

Author

Listed:
  • Ganeshan Wignaraja
  • Rosechin Olfindo

Abstract

Following economic liberalization in 1978, the giant Chinese economy has become the fastest growing exporter in the developing world. In 2006, China’s total merchandise trade amounted to 65% of its gross domestic product (GDP) and over 13% of world exports. Today, China is considered the world’s third largest trading economy (WTO, 2008; Adams, Gangnes, & Shachmurove, 2006). Initially, China was internationally competitive in labor-intensive exports such as toys and garments. Since 2001, there is evidence of notable industrial upgrading, export diversification, and sophistication of exports comparable to that of Organization for Economic Cooperation and Development (OECD) countries (Schott, 2006). R&D-intensive industries such as electronics and automotive products, have emerged as leading Chinese exports.

Suggested Citation

  • Ganeshan Wignaraja & Rosechin Olfindo, 2009. "Automotives and Electronics: What Explains Export Success in Chinese Firms?," Palgrave Macmillan Books, in: Ilan Alon & Julian Chang & Marc Fetscherin & Christoph Lattemann & John R. McIntyre (ed.), China Rules, chapter 11, pages 274-294, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-27418-1_12
    DOI: 10.1057/9780230274181_12
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    Cited by:

    1. Masahiro Kawai & Ganeshan Wignaraja (ed.), 2010. "Asia’s Free Trade Agreements," Books, Edward Elgar Publishing, number 14098.

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