The notion that China is the factory of the world is now changing. Factories in China are shifting their production base to neighbouring Asia, primarily because of higher input costs in China, a volatile Chinese exchange rate and protectionist measures targeted against Chinese exports. In this...

The objective of this paper is to understand ‘why’ the Chinese firms are investing outside China, and ‘how’ China stands to gain from this decision. For our analysis, we consider the case of China’s trade, and investment relation in the Greater Mekong Sub-region (GMS). We find that a...

The notion about China being factory of the world is changing. Factories in China are shifting their production base to neighboring Asia, primarily because of higher input costs in China, a volatile Chinese exchange rate, Chinese exports being increasingly targeted by its major trading partners,...