Effects of the People’s Republic of China’s Structural Change on the Exports of East and Southeast Asian Economies
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The People’s Republic of China’s structural transformation from an export- and investment-led economy to a domestic demand- and consumption-led economy is likely to have a significant impact on its import structure.
Asian economies which failed to export relatively more consumption goods to the People’s Republic of China’s (PRC) suffered larger declines in overall exports to the PRC. In addition, Asian economies that exported relatively less parts and components to the PRC saw their shares of the PRC’s total imports decline. Overall, the PRC’s structural change is having a significant impact on the pattern of its trade with its neighbors.
Contents
- Introduction
- Literature Review
- Structural Change in the People's Republic of China
- Impact of the People's Republic of China's Structural Change on the Exports of East and Southeast Asian Economies
- Further Findings from OECD-WTO's TiVA Database
- Concluding Observations
- Appendix
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Published Version
Lee, Hyun-Hoon, Donghyun Park, and Kwanho Shin. 2017. "Effects of China's Structural Change on the Exports of East Asian Economies." China and World Economy 25 (3): 1–30. https://doi.org/10.1111/cwe.12198.
Note: ADB recognizes "China" as the People's Republic of China.
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