2003
DOI: 10.5089/9781451875867.001
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China'S Integration Into the World Economy: Implications for Developing Countries

Abstract: With China's accession to the World Trade Organization in late 2001, many of its trading partners have become concerned that the resulting increased competition in the world's goods and capital markets will adversely affect their own growth prospects. This paper argues that China's closer integration into the world economy will impose adjustment costs on its trading partners in the short to medium term, but that the benefits it generates are likely to dominate in the long run.

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Cited by 46 publications
(42 citation statements)
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“…Most of them refer to the past, but some forecast the future (e.g. Yang, 2003;Mayer and Fajarnes, 2008). They have used various methods, including inspection of trade data (e.g.…”
Section: Introductionmentioning
confidence: 99%
“…Most of them refer to the past, but some forecast the future (e.g. Yang, 2003;Mayer and Fajarnes, 2008). They have used various methods, including inspection of trade data (e.g.…”
Section: Introductionmentioning
confidence: 99%
“…El promedio de la tasa arancelaria cayó del 43.3 por ciento en 1985 al 12.7 por ciento en 2002, un descenso ligeramente inferior al de América Latina pero de alcance similar (Yang, 2003). Poco después de que América Latina unificara su mercado de divisas, China también lo hizo en 1994, y en 1996 eliminó las principales restricciones en dicho mercado asociado al comercio internacional.…”
Section: El Régimen Comercial Y Las Transacciones Internacionalesunclassified
“…The United States, the EU, and Japan still invested less in China than in ASEAN countries (Yang 2003). Surging FDI from China to the ASEAN economies has also produced beneficial impacts.…”
Section: Us$ (Million)mentioning
confidence: 99%
“…Despite rising competition from China, a number of recent studies find little empirical evidence that China has grown its exports at ASEAN's expense (Ahearne et al 2003;Yang 2003;Weiss 2004;Lee 2004;Australia, Department of Foreign Affairs and Trade 2003). To the contrary, it appears that, so far, China's exports and ASEAN's exports have been positively correlated.…”
Section: Assessing the Business Competitionmentioning
confidence: 99%
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