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Vertical Specialization and Trade Surplus in China (Chandos Asian Studies Series)


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 |  2013-05-09 |  2013-05-09 | File type: PDF

|| ||"Provides an empirical analysis of the impact of vertical specialization on China’s trade surplus.  Discusses vertical specialization trade patterns and China’s trade surplus;…vertical specialization, foreign direct investment (FDI)

The traditional flow of goods from primary production through to manufacturing and consumption has expanded across international borders conterminously with globalization. Vertical specialization (VS) in processing and manufacturing in China has driven export growth. In particular, intra-industry and intra-product trade between China, the US and East Asia has increased China’s trade surplus over the long term. Vertical Specialization and Trade Surplus in China aims...

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