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With the ongoing trade normalisation process between India and Pakistan, opportunities to integrate have opened up between both countries. The pharmaceutical sector is crucial to health issues in developing economies and would be an ideal segment to focus on in improving trade relations between...
Persistent link: https://www.econbiz.de/10010404687
China's accession to the World Trade Organization (WTO) in 2001 was a massive boostfor the multilateral trading system. We present descriptive evidence on the trade effects of China's WTO accession. Moreover, we combine the most recent approaches from the gravity literature of international...
Persistent link: https://www.econbiz.de/10012300545
China has defied the declining trend in domestic content in exports in many countries. We study China's rising domestic content in exports using firm- and customs transaction-level data. Our approach embraces firm heterogeneity and hence reduces aggregation bias. We find that the substitution of...
Persistent link: https://www.econbiz.de/10011387484
China has grown to become an economic powerhouse and engine of global demand. However, China's projected GDP growth rates are now anticipated to remain below 7% per annum over the next five years. This issue of Trade Insights examines how the ‘new normal' of lower economic growth in China will...
Persistent link: https://www.econbiz.de/10013019643
Neither of the major negotiations underway in the Asia-Pacific region, the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership, includes both China and the United States. By failing to connect these economies, these agreements would leave much of the economic and...
Persistent link: https://www.econbiz.de/10014141306
China joined the World Trade Organization (‘WTO’) in 2001 after almost 15 years of negotiations, making extensive commitments to open its markets to foreign investment and liberalise trade in goods and services. China represents a huge potential market for foreign telecommunications service...
Persistent link: https://www.econbiz.de/10014197727
We investigate the impact of Chinese activities in sub-Saharan African countries with respect to the growth performance of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2011, we find that African economies that export natural resources have...
Persistent link: https://www.econbiz.de/10012973318
Economic integration is evolving rapidly in East Asia, driven by a multitude of factors. The most important of these has been the entrenchment of China in the global division of labour and its increasingly important role as an independent engine of growth in the global economy. Business-led East...
Persistent link: https://www.econbiz.de/10013144039
One goal of China's Go Out policy is to create goodwill in countries around the world. At the same time, China's growing economic engagement has provoked much criticism. This paper is the first to study whether these activities change the attitudes of individuals in developing countries towards...
Persistent link: https://www.econbiz.de/10012924093
The growth of Chinese exports both in volume and in market share over the past two decades is a singular event in the history of world trade. Using data from 1995-2005, we document this growth in a variety of ways. First, we show that the expanded trade is pervasive. Virtually every country in...
Persistent link: https://www.econbiz.de/10013127543