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China's Changing Trade and the Implications for the CLMV

Koshy Mathai, Gee Hee Hong, Sung Eun Jung, Jochen M. Schmittmann, Jiangyan Yu




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 | #3572952 in eBooks |  2016-09-01 |  2016-09-01 | File type: PDF

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China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are ...

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