Breslin, Shaun. (1999) The politics of Chinese trade and the Asian financial crises : questioning the wisdom of export-led growth. Third World Quarterly, Vol.20 (No.6). pp. 1179-1199. ISSN 0143-6597

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Abstract

Between 1987 and 1996 Chinese exports increased by an average of 14% each year. During this decade, export growth became a crucial determinant of overall economic growth. However, as a consequence of the East Asian financial crises, Chinese export growth slowed, threatening the successful implementation of plans to restructure the domestic Chinese economy. This paper traces the reasons for the rapid growth and subsequent slowing of Chinese exports, and asks whether the strategy provides a solid basis for the long term development of the Chinese economy. In particular, the paper focuses on the role and significance of the processing trade in boosting Chinese exports. The high proportion of imported components in processed exports questions whether China is really benefiting as much from export growth as aggregate trade figures seem to suggest.

Item Type:	Journal Article
Subjects:	H Social Sciences > HC Economic History and Conditions D History General and Old World > DS Asia
Divisions:	Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH):	China -- foreign economic relations, China -- economic policy, Exports -- China
Journal or Publication Title:	Third World Quarterly
Publisher:	Routledge
ISSN:	0143-6597
Date:	December 1999
Volume:	Vol.20
Number:	No.6
Page Range:	pp. 1179-1199
Identification Number:	10.1080/01436599913352
Status:	Peer Reviewed
Access rights to Published version:	Open Access
Funder:	Economic and Social Research Council (Great Britain) (ESRC)
URI:	http://wrap.warwick.ac.uk/id/eprint/369

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