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Has China Displaced Other Asian Countries’ Exports?

In: China and the World Economy

Author

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  • David Greenaway
  • Aruneema Mahabir
  • Chris Milner

Abstract

China has rapidly emerged as a major player on the global economic scene as a result of economic reforms and progressive trade liberalization since 1978. Over the past 25 years, it has registered annual average GDP growth rates of around 9% and a spectacular expansion of external trade of more than 15% a year. In 2003, it was already the sixth largest economy (at market exchange rates), the fourth largest global trader and premier recipient of foreign direct investment globally.

Suggested Citation

  • David Greenaway & Aruneema Mahabir & Chris Milner, 2010. "Has China Displaced Other Asian Countries’ Exports?," Palgrave Macmillan Books, in: David Greenaway & Chris Milner & Shujie Yao (ed.), China and the World Economy, chapter 4, pages 60-90, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-05986-4_4
    DOI: 10.1057/9781137059864_4
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