Mao, Rui; Zhang, Bin - In: Asian Development Review 32 (2015) 1, pp. 142-166
Growth in the aggregate market penetration rate (MPR) of the People's Republic of China (PRC) slowed during the period 2002–2014. Closer examination of the destinations and product levels reveals a simultaneous weakening in various markets. Production and trade costs were found to be the main...