China as a latecomer: Toward a global logic of the Open Policy

Journal of Contemporary China

Volumn 5, Issue 12, 1996, Pages 187-208

  Moore, Thomas G ^a  

^a UNIVERSITY OF CINCINNATI   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

DEVELOPING COUNTRY; ECONOMIC REFORM; INTERNATIONAL POLITICAL ECONOMY; LATE INDUSTRIALISATION; MARKET INTEGRATION; OPEN DOOR POLICY; POLICY IMPACT; WORLD SYSTEM;

CHINA;

EID: 0030512856     PISSN: 10670564     EISSN: None     Source Type: Journal    
DOI: 10.1080/10670569608724249     Document Type: Article

References (5)

1. Direction of Trade Statistics Yearbook 1995 (Washington, DC: International Monetary Fund, 1995) and 'World trade growth slowed in 1993', GATT Press Release, (30 March 1994), p. 15. If all of China's exports (legal and illegal) transshipped through Hong Kong and other conduits were counted as 'Chinese' exports, it would rank higher - perhaps even seventh or eighth among world exporters instead of tenth. On the other hand, in an era of high capital mobility and rapidly spreading regionalized/globalized manufacturing networks, national trade data are increasingly flawed conceptually. Indeed, many of China's exports reflect various arrangements for outward processing in which the value-added component from China is small since raw materials or other inputs from places like Hong Kong and Taiwan are simply processed or assembled for export.
2. Direction of Trade Statistics Yearbook 1995 (Washington, DC: International Monetary Fund, 1995) and 'World trade growth slowed in 1993', GATT Press Release, (30 March 1994), p. 15. If all of China's exports (legal and illegal) transshipped through Hong Kong and other conduits were counted as 'Chinese' exports, it would rank higher - perhaps even seventh or eighth among world exporters instead of tenth. On the other hand, in an era of high capital mobility and rapidly spreading regionalized/globalized manufacturing networks, national trade data are increasingly flawed conceptually. Indeed, many of China's exports reflect various arrangements for outward processing in which the value-added component from China is small since raw materials or other inputs from places like Hong Kong and Taiwan are simply processed or assembled for export.
3. For an early statement of this position, see Robert Kleinberg, China's 'Opening' to the Outside World: the experiment with foreign capitalism (Boulder: Westview Press, 1990). Interestingly, China is often seen as most threatening economically in the context of East Asia's growing economic power as a region. In this sense, China's rise is viewed as yet another salvo in the mercantilist challenge from East Asia. For a general examination of this phenomenon, with special reference to the role of Japan, see James Fallows, Looking at the Sun: the rise of the new East Asian economic and political system (New York: Pantheon Books, 1994). It is worth noting that a poll conducted in 1994 found that more than half of Americans regard China as an 'unfair' trader, up from only about a quarter at the beginning of the decade. For more detail, see the survey results cited in Harry Harding, The Evolution of Greater China and What It Means For America (New York: National Committee on US-China Relations, China Policy Series, no. 10, December 1994), pp. 30-31.
4. For an early statement of this position, see Robert Kleinberg, China's 'Opening' to the Outside World: the experiment with foreign capitalism (Boulder: Westview Press, 1990). Interestingly, China is often seen as most threatening economically in the context of East Asia's growing economic power as a region. In this sense, China's rise is viewed as yet another salvo in the mercantilist challenge from East Asia. For a general examination of this phenomenon, with special reference to the role of Japan, see James Fallows, Looking at the Sun: the rise of the new East Asian economic and political system (New York: Pantheon Books, 1994). It is worth noting that a poll conducted in 1994 found that more than half of Americans regard China as an 'unfair' trader, up from only about a quarter at the beginning of the decade. For more detail, see the survey results cited in Harry Harding, The Evolution of Greater China and What It Means For America (New York: National Committee on US-China Relations, China Policy Series, no. 10, December 1994), pp. 30-31.
5. For an early statement of this position, see Robert Kleinberg, China's 'Opening' to the Outside World: the experiment with foreign capitalism (Boulder: Westview Press, 1990). Interestingly, China is often seen as most threatening economically in the context of East Asia's growing economic power as a region. In this sense, China's rise is viewed as yet another salvo in the mercantilist challenge from East Asia. For a general examination of this phenomenon, with special reference to the role of Japan, see James Fallows, Looking at the Sun: the rise of the new East Asian economic and political system (New York: Pantheon Books, 1994). It is worth noting that a poll conducted in 1994 found that more than half of Americans regard China as an 'unfair' trader, up from only about a quarter at the beginning of the decade. For more detail, see the survey results cited in Harry Harding, The Evolution of Greater China and What It Means For America (New York: National Committee on US-China Relations, China Policy Series, no. 10, December 1994), pp. 30-31.