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N° 2011-03 |
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| March 2011 |
| China's Foreign Trade in the Perspective of a More Balanced Economic Growth |
Guillaume Gaulier
Françoise Lemoine
Deniz Ünal |
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| The global crisis is forcing China’s economy to become less dependent on foreign markets.
Manufacturing industry has to adjust to changes in international demand. Foreign affiliates’ processed exports are vulnerable to the slow-down of Western demand, while Chinese
exporting firms are better placed to switch to dynamic emerging markets. China’s ordinary
imports have risen fast. Asia has enlarged its share in the domestic market, Europe has kept a
strong position while North-America has lost ground. China has become the engine of the
regional economic growth. Foreign-capital firms have played an increasing part in China’s
imports and industrial production. China’s policy towards FDI is at least as important as its
exchange rate policy to determine foreign partners’ access to its domestic market. |
Non-technical summary  |
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Résumé
non-technique
en français |
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| Full text |
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| China; growth model; FDI; ordinary trade; domestic market |
Keywords |
| F2; F1; F15; F23; 053 |
JEL classification |
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