IDEAS home Printed from https://ideas.repec.org/p/hkm/wpaper/152007.html
   My bibliography  Save this paper

An Evaluation of the Intermediation Role of Hong Kong in Chinese Foreign Trade

Author

Listed:
  • Xinhua He

    (Institute of World Economics and Politics, Chinese Academy of Social Sciences, Hong Kong Institute for Monetary Research)

Abstract

Two different data sources can be used to study Hong Kong's role in intermediating China's foreign trade. One is the bilateral trade statistics between Hong Kong and the Chinese Mainland reported by National Bureau of Statistics of China, and the other is the bilateral trade statistics published by Census and Statistics Department, Hong Kong. The corresponding statistics are not comparable to each other because of the different statistical criteria adopted by each source. Hong Kong's intermediation role has been declining since the mid-1990s. A major long-run factor contributing to the decline is the structural change in Hong Kong's industry led by Hong Kong direct investment in China. The Chinese currency appreciation will have a further negative effect on Hong Kong's intermediation role. Hong Kong's offshore trade has increased rapidly in recent years, but its impact is not strong enough to offset the declining share of Hong Kong in Chinese foreign trade.

Suggested Citation

  • Xinhua He, 2007. "An Evaluation of the Intermediation Role of Hong Kong in Chinese Foreign Trade," Working Papers 152007, Hong Kong Institute for Monetary Research.
  • Handle: RePEc:hkm:wpaper:152007
    as

    Download full text from publisher

    File URL: http://www.hkimr.org/uploads/publication/182/ub_full_0_2_157_hkimr-working-paper-no15_bw.pdf
    Download Restriction: no

    Other versions of this item:

    More about this item

    Keywords

    Bilateral trade statistics; Intermediation role; China and Hong Kong;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F19 - International Economics - - Trade - - - Other
    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hkm:wpaper:152007. See general 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: (HKIMR). General contact details of provider: http://edirc.repec.org/data/hkimrhk.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.