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China-First Superpower In International Trade With High-Tech Products

Author

Listed:
  • Ecaterina Stanculescu

    (Institute for World Economy of the Romanian Academy, Bucharest, Romania)

Abstract

The article tries to make a picture of the last five years of the Chinese international trade with high-technology (HT) products. China is after 2006 the biggest commercial force on the international market for HT products, exceeding EU and USA. Its international trade grew rapidely in the field of exports and more slowly for imports, the ballance sheet going from a negative sold to a positive one from 2007 to 2011 (the analized period of time). China disposes of a great potential both for export and import and it is one of the most important partners of EU in this field. China exports and imports, in different proportions, mainly computers and office machines, electronics and telecommunications apparatus, scientific instruments, electrical machineries and other HT products, the prospects for the years to come being hardly encouraging.

Suggested Citation

  • Ecaterina Stanculescu, 2013. "China-First Superpower In International Trade With High-Tech Products," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 1(1), pages 45-51, May.
    • Handle: RePEc:ntu:ntugeo:vol1-iss1-13-045
    as

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    More about this item

    Keywords

    international trade; high-tech products; research and development; competitiveness;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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