Title

China's Changing Economic Structure and Implications for Regional Patterns of Trade, Production and Integration

Publication Type

Journal Article

Publication Date

11-2006

Abstract

Without intending to do so, China has in recent years played a major role in East Asia's economic integration. It has done so mainly through the production and supply chain networks it has spun across the region. This paper argues that given the developmental trends in the Chinese economy, the Chinese government should pursue a more active strategy towards a broader and more balanced economic integration with the region. The emergence of a multi-track production structure, increased importance of domestic consumption and the services sector, together with faster integration of the domestic economy, will fundamentally change China's trade and investment relationships with the rest of East Asia and necessitate a review of China's economic integration strategy. The paper also argues that ASEAN can play a useful role in facilitating the region-wide integration process.

Discipline

International Economics

Research Areas

Macroeconomics

Publication

China and World Economy

Volume

17

Issue

6

First Page

1

Last Page

19

ISSN

1671-2234

Identifier

10.1111/j.1749-124X.2006.00042.x

Publisher

Wiley

Additional URL

http://dx.doi.org/10.1111/j.1749-124X.2006.00042.x

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