By Jim Slater, Roger Strange, Limin Wang
China is lower than shut scrutiny either as a marketplace which may supply vast returns to traders and thanks to its power to develop into the main strong economic climate in Asia. This new examine examines the industrial courting among China and Europe, its significance and the way it's more likely to evolve.The e-book considers the circulation of alternate, direct funding and know-how move and includes case stories of producing industries (automobiles, toys, watches, telecommunications) banking and coverage. The exchange courting among Europe and China is being re-evaluated by way of each side and it is a priceless contribution to that approach.
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Additional resources for Trade and Investment in China: The European Experience (Routledge Studies in the Growth Economies of Asia)
Example text
In 1978, it was estimated that two-thirds of Hong Kong’s imports from China were retained for domestic consumption, and that this trade accounted for about 15 per cent of China’s total exports. Thus was the nature of trade between Hong Kong and China before the introduction of China’s ‘open-door’ policy in December 1978. Since then, the overall volume of trade in both directions has increased considerably, not only in absolute terms but also in relation to each partner’s trade with the rest of the world.
9). Several points emerge from a scrutiny of the data: • The Chinese Customs statistics consistently value China’s imports from the European Union rather higher than the IMF reports EU exports to China. This is mainly16 because the former series includes goods of EU origin reexported to China through Hong Kong, whereas the latter series does not. The IMF statistics thus understate EU exports to China. • The IMF statistics consistently 17 value EU imports from China substantially higher than the Chinese Customs report Chinese exports to the European Union, particularly since the mid-1980s.
475. See also the note above about time lags in transportation, and the costs of insurance and freight. Economist Intelligence Unit, Hong Kong and Macau: Country Profile 1995–96, p. 39. Commission of the European Communities (1995:35). The slowdown in 1994 coincided with attempts by the Chinese authorities to calm an overheating domestic economy and to clamp down on real estate speculation. The “Chinese mainland factor” has also revitalized Hong Kong’s manufacturing industry. Incomplete statistics show that 90 per cent of its electronics industry, 80 per cent of its garment industry and 70 per cent of its shoe and toy industries have shifted their production bases to China’s interior areas’ China Daily (23 June 1997) p.