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Chinese Foreign Trade in Goods between 2000-2013 and its Impact on Chinese and World Economy

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  • Ecaterina Stanculescu

Abstract

The present paper concisely analyzes the Chinese foreign trade, during the last 14 years and its impact on China's economic growth and on the global economy, especially during the 2008-2010 crisis. The paper looks at the main characteristics of Chinese foreign trade: its importance for the country’s economic growth, its evolution, structure, geographic covering (considering the most important commercial partners, the EU included), the trade surplus issue. Equally, the article refers to the deficiencies which have been revealed in recent years concerning the export and investment-driven Chinese growth model and the need to place this country’s economy on a healthier foundation, focussed on domestic consumption.

Suggested Citation

  • Ecaterina Stanculescu, 2015. "Chinese Foreign Trade in Goods between 2000-2013 and its Impact on Chinese and World Economy," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 7(1).
    • Handle: RePEc:iem:journl:v:7:y:2015:i:1:id:2822000009341043
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/196/234
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    More about this item

    Keywords

    China; foreign trade; economic development; trade policy; European Union;
    All these keywords.

    JEL classification:

    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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