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Growth, Globalization and Upgrading of the Chinese Cashmere Industry

In: The Political Economy of Agro-Food Markets in China

Author

Listed:
  • Scott A. Waldron
  • Colin A. Brown
  • Adam M. Komarek

Abstract

Three decades of double-digit export-oriented growth have expanded China’s position in multiple sectors of the global economy. China’s vast manufacturing base and consumer market continues to expand, and Chinese companies have become increasingly pro-active in promoting products and sourcing inputs overseas (Schüler-Zhou and Schüller 2007). Despite the growth and internationalization, however, China’s export sector is still based on the labour-intensive manufacture of low-value products and China is seeking to upgrade its economy by building international competitiveness in higher-value activities (OECD, 2007).

Suggested Citation

  • Scott A. Waldron & Colin A. Brown & Adam M. Komarek, 2014. "Growth, Globalization and Upgrading of the Chinese Cashmere Industry," Palgrave Macmillan Books, in: Louis Augustin-Jean & Björn Alpermann (ed.), The Political Economy of Agro-Food Markets in China, chapter 10, pages 257-278, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-27795-4_11
    DOI: 10.1057/9781137277954_11
    as

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