The impact of China's economic development on the global economy——A review of past economic lit

• 作 者: 张军 桂林
• 机 构: China Center for Economic Studies(CCES),Fudan University,
• 出 处: China Economist
• 发表日期: 2009年01期
• 关键词: recipient sustained threat Africa competitive have neighboring expanded enable p

Based on the theoretical and empirical research of economists in the past decade,this article intends to address the following issues about the effects of China’s economy on the global economy:What impact does China’s fast-growing economy have on the global trade flow and trade pattern?Does China’s sustained export growth pose a significant competitive threat to some countries and regions(particularly the developing countries in East Asia,Latin America and Africa)?In the midst of fast economic growth driven by its reform and opening,China has become the largest FDI recipient among all developing countries and regions.Does the FDI received by China have“transfer effects”on other countries(especially in terms of FDI inflows into neighboring countries)?

Based on the theoretical and empirical research of economists in the past decade, this article intends to address the following issues about the effects of China’s economy on the global economy: What impact does China’s fast-growing economy have on the global trade flow and trade pattern Does China’s sustained export growth pose a significant competitive threat to some countries and regions (particularly the developing countries in East Asia, Latin America and Africa)? In the midst of fast economic growth driven by its reform and opening, China has become largest largest FDI recipient among all developing countries and regions. Does the FDI received by China have “transfer effects” on other countries (especially in terms of FDI inflows into neighboring countries)?