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China's external sector has been the engine behind the country's robust economic growth over the past four decades. By 2016, China's total merchandise trade accounted for 16.1% of the world total, compared to 0.6% in 1978 when its economic reforms were initiated. China's rapid trade growth was...
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China's trade and investment relationship with Africa is important to both trading partners. For China, Africa represents a growing source of raw materials –most importantly crude oil, iron ore/concentrates, and copper-- which have helped fuel China's rapid infrastructure development. For...
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China's position as the world's second largest recipient of foreign direct investment (FDI) has been well documented. However, it is less well known that China has recently become an important supplier of global FDI. This briefing describes what is known about the magnitude and composition of...
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"As China's export juggernaut employs many imported inputs, there are many policy questions for which it is crucial to know the extent of domestic and foreign value added in its exports. The best known approach - the concept of "vertical specialization" proposed by Hummels, Ishii and Yi (2001) -...
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