Keller, Wolfgang; Li, Ben; Shiue, Carol H - In: IMF Economic Review 61 (2013) 2, pp. 336-378
This paper provides an analysis of China's trade performance from the 1840s to the present. Its focus is on Shanghai, the world's largest port, which began direct trade relations with Western nations starting in 1843. The paper finds that Shanghai had, and continues to have, an important role in...