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China’s Export Performance during Liberalised Era

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Kulwinder Singh, Surinder K. Singla, Jatinder Singh

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The Indian Journal of Economics and Development
Year : 2018, Volume : 14, Issue : 3
First page : ( 420) Last page : ( 429)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2018.00153.1

China’s export performance during liberalised era

Singh Kulwinder1, Singla Surinder K.2, Singh Jatinder3,*
1Assistant Professor (Economics), University Business School, Panjab University, Chandigarh-160 014

2Assistant Professor and Head, Department of Economics, DAV College, Bathinda-151 001

3Assistant Professor, Centre for Research in Rural and Industrial Development (CRRID), Chandigarh-160 036

*Corresponding author’s email: jatindercds@gmail.com

JELCodes B17, F13, F14, F23.

Online published on 27 September, 2018.

Abstract

China experienced paradigm shifts in its development strategy through trade liberalisation initiated in the late 1970s and after accession to WTO in 2001 and emerged as a key player in the world trade. China registered impressive export growth vis-à-vis its imports resulting in a fabulous trade surplus especially since 1990. This paper analyses China’s export performance for the period 1984 to 2014. Analysis revealed that China recorded quite higher export growth as compared to the world as well as selected developing and developed nations in the reference period. The actual growth of Chinese export was found to be higher than that of the potential ones. Consistent high export growth led to increasing China’s presence in the markets of its export partners. Further, export of China is increasingly getting concentrated towards manufactured exports. Analysis of technology composition of China’s exports portrayed a rapid shift towards technology-intensive production which was not happened in case of world exports. Based on empirical results and discussion, the study draws some implications for emerging countries.

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Keywords

Direction, exports, growth, imports, technology.

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