Abstract
China’s accession to the World Trade Organization (WTO), with the consequent liberalization of trade and investment, will have significant competitive repercussions on the developing world. Given the size and dynamism of the Chinese economy, these effects will be felt not only in the neighbouring region in Southeast Asia but also across the globe. The impact will have positive and negative aspects, depending on the country and activity concerned. Some countries will gain from the opening up of the Chinese market and from the opportunities offered to invest there, not just for selling locally but also for exporting to other markets. Other countries will be faced with intensified competition in both export and home markets, and may suffer erosion in market share and industrial performance.
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© 2002 United Nations Industrial Development Organization
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Lall, S., Albaladejo, M. (2002). The Competitive Impact of China on Manufactured Exports by Emerging Economies in Asia. In: Magariños, C.A., Yongtu, L., Sercovich, F.C. (eds) China in the WTO. St Antony’s. Palgrave Macmillan, London. https://doi.org/10.1057/9781403914385_4
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DOI: https://doi.org/10.1057/9781403914385_4
Publisher Name: Palgrave Macmillan, London
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