Hanson, Gordon H.; Feenstra, Robert C. - 2021
-sorting models of intermediation and with the outsourcing of production tasks from Hong Kong to China. Additional results suggest …In this paper, we examine Hong Kong's role in intermediating trade between China and the rest of the world. Hong Kong … distributes a large fraction of China's exports. Net of customs, insurance, and freight charges, re-exports of Chinese goods are …