The Foreign Trade of China

1962 ◽  
Vol 11 ◽  
pp. 169-183 ◽  
Author(s):  
A. Boone
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Foreign Trade ◽  
Rapid Expansion ◽  
Chinese Government ◽  
Economic Systems ◽  
Communist Government

The trading potential of China, with its population of some 650 million people, has for long been a subject of absorbing interest, and never more so than in recent years, with the rapid expansion of economic growth which has been brought about since the establishment of the People's Republic.The policies of the Chinese Government have led to drastic changes in the orientation of its international trade, in its administration and to notable modifications in the nature of both imports and exports. These have all derived primarily from the change to a Communist Government and to its implementation of the corresponding political and economic systems.

scholarly journals Covid-19 pandemic and Foreign Trade: A Comparative Analysis in Indian Context

2021 ◽  
Vol 58 (1) ◽  
pp. 3334-3340
Author(s):  
Devasish Hazarika
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Foreign Trade ◽  
Trade Balance ◽  
Secondary Data ◽  
Preventive Measure ◽  
Trade Surplus ◽  
Indian Context ◽  
Before And After ◽  
Merchandise Trade

Covid-19 and lockdown as its preventive measure hit Indian Economy at a worst time. The trade performances prior to the pandemic was not satisfactory and held a decreasing trend in terms of the previous periods. In this paper an honest attempt has been made to analyse international trade as an Engine of Economic Growth, that is, its importance or significance in Economic Growth processes as well as to assess the comparative trend in international trade before and after the pandemic situation. This paper is based on secondary data. The paper is essentially a descriptive and analytical in nature. Statistical tools like graph, table etc are used for better understanding. The foreign trade is found to be diminishing in its share while analysing the data of last 10 years prior to the pandemic and nationwide lockdown. The merchandise trade surplus in June 2020 was estimated at USD 0.79 billion as against deficit of USD 15.28 billion in June, 2019. The trade balance for service is estimated at USD 6.83 on 15th July,2020. India recorded first trade surplus since January, 2002.

scholarly journals A Review of India’s Foreign Trade with reference to Post RBI Road MAP 2005 and Financing by Foreign Banks (FB) during the period 2003 -2013

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Ashok Vasant Edurkar
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Foreign Trade ◽  
Physical Distance ◽  
Trade Flows ◽  
Foreign Banks ◽  
Purchase Order ◽  
Road Map ◽  
Credit Financing ◽  
High Level

<em>Transactions related to global trade flows have significantly improved at present, on account of the internationalization and highly developed e-commerce. Exports and imports opportunities have substantially increased so also risk associated with international trade has reached a high level. Along with issues related to languages used for communication involved in international marketing, drafting of letter of intent / purchase order, drafting of letter of credit, financing during execution of purchase order, pre and post shipment inspection and finally negotiation of bank documents for collection of payments, the international trade was always been quite risky. This risk is because of the fact that exporters and importers are from different countries, separated not only by physical distance but by socio political conditions. Actual trade flows determines quantum of foreign trade. Foreign trade divided by GDP is a good measure of improvement or growth in foreign trade. (Harrison 1996). There is a positive relationship between Foreign Trade well supported by domestic as well as foreign banks and economic growth (Edwards 1992).Mixed results are obtained during the study related to explanation of the causal relationship between the degree of openness of the economy and economic growth. This paper takes a review of India’s Foreign Trade with reference to post RBI Road Map 2005 and financing by Foreign Banks (FB) during the period 2003-2013.</em>

The Development Status, Problems And Strategies Of China’s Cross-Border E-Commerce Comprehensive Pilot Areas

2021 ◽  
Vol 7 (5) ◽  
pp. 3767-3776
Author(s):  
Shuai Guan
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Development Strategy ◽  
International Market ◽  
New Order ◽  
Chinese Government ◽  
The Sustainable Development ◽  
Development Status ◽  
Cross Border ◽  
Depth Analysis

As a new international trade situation, cross-border e-commerce has become a link to promote the development of foreign trade and stabilize the international industrial supply chain. China’s cross-border e-commerce has grown by more than 30% annually, which is not only a new engine to promote foreign trade growth and a new shortcut to foreign trade transformation, but also a new channel to encourage import consumption and stimulate domestic demand. At the same time, it also provides enterprises, especially small and medium-sized enterprises, with the possibility of better docking the international market and expanding the international market at lower cost. In order to cope with the new order of international trade, Chinese government has launched the initiative of setting up Cross-border E-commerce Comprehensive Pilot Areas, which have made some achievements, but also faces a series of challenges. This paper summarizes their development status and experiences first. Based on the in-depth analysis of the problems and future trends, it puts forward the development strategy to provide reference for the sustainable development of cross-border e-commerce.

scholarly journals Retrospectives: An Early Supply-Side–Demand-Side Controversy: Petty, Law, Cantillon

2010 ◽  
Vol 24 (4) ◽  
pp. 207-217 ◽  
Author(s):  
John Berdell
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Financial Markets ◽  
Early Modern ◽  
Foreign Trade ◽  
Supply Side ◽  
Demand Side ◽  
Early Modern Europe ◽  
Time Period ◽  
Wide Range

Early modern Europe in the late seventeenth and early eighteenth centuries witnessed an unprecedented increase in the rate of economic growth, and governments entertained a wide range of proposals aimed at developing and harnessing foreign trade and emerging financial markets. In his magisterial survey of foreign trade doctrine titled Studies in the Theory of International Trade (1936), Jacob Viner pointed out that enlightened authors of that time were often nonbullionist mercantilists: they favored export promotion and import reduction not on the grounds that it would lead to an accumulation of gold, but on the grounds that it would increase trade and employment. My focus here is on how some key economists of this time period—William Petty, John Law, and Richard Cantillon—adumbrated disputes between supply-side and demand-side macroeconomics that have continued to the present day.

scholarly journals La evolución de las exportaciones de bienes de China: una visión panarómica = Chinese goods exports development: An overview

2013 ◽  
pp. 101
Author(s):  
Ana Salvador Chamorro
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Economic Reform ◽  
World Economy ◽  
Chinese Economy ◽  
Chinese Government ◽  
Financial Flows ◽  
The Past ◽  
The World ◽  
The Future

<p>El proceso de reforma económica que ha experimentado la economía de China es uno de los fenómenos de mayor relevancia en la evolución de la Economía Mundial en los últimos treinta años y, sin duda, seguirá siéndolo en el futuro. Dentro de este proceso, la apertura al exterior, que el gobierno chino inició en 1978, ha situado al país en un lugar de máxima relevancia dentro de los flujos comerciales y financieros internacionales. En este contexto, el objetivo de este trabajo es intentar realizar un análisis general de la evolución del comercio exterior de China en las últimas décadas, prestando especial atención a sus exportaciones de bienes y poniendo énfasis en los cambios experimentados durante los últimos años.</p><p>The process of economic reform that has experienced the Chinese economy is one of the most important events in the evolution of the World Economy in the past 30 years, and will undoubtedly remain so in the future. Within this economic reform, the opening process that the Chinese Government began in 1978, has put the country in a place of utmost importance in the international trade and financial flows. In this context, this paper try to perform an analysis of the evolution of China's foreign trade in recent decades, with particular attention to its exports and emphasizing the changes in recent years</p>

scholarly journals Environmental Sustainability in the context of China`s international trade Development

2021 ◽  
pp. 54
Author(s):  
Roman Zvarych ◽  
Wei Linhai
Keyword(s):  
Sustainable Development ◽  
International Trade ◽  
Natural Resources ◽  
Foreign Trade ◽  
Environmental Sustainability ◽  
Chinese Government ◽  
Trade Theory ◽  
Related Factors ◽  
Environmental Controls ◽  
The Impact

Introduction. International trade is closely related to environmental sustainable development, while promoting trade growth and environmental sustainable development are also the goals pursued by mankind. China's environmental sustainability is affected by both severe shortages of natural resources and severe environmental pollution. In addition, growing populations and rapid economic growth, as well as weak environmental controls, have increased demand for natural resources and affected their pollution. In the past year, in conditions of the complex international situation and the severe impact of COVID-19 pandemic, China’s foreign trade imports and exports have been significantly better than expected, and the scale of foreign trade has once again set a record high. However, how to ensure the growth of international trade while ensuring environmental protection? Sustainable development is one of the problems that the Chinese government needs to solve.Methods. The methodological basis of the study is a set of fundamental provisions of crisis theory, international trade theory, theory of foreign trade of national ecological and economic systems, as well as modern concepts of post pandemic development. The solution of the set tasks was carried out by using a set of general scientific research methods: analysis of scientific literature, method of analogy and comparison, theoretical synthesis, classification, methodological generalization, economic and statistical analysis, expert assessments and scientific abstraction. The authors use the Chinese Ministry of Ecology and Environment, the General Administration of Customs, Baidu academic papers, and relevant documents in the CNKI database as data sources.The purpose of research – to prove the environmental sustainability in the context of China’s international trade development.Results. The research proved the environmental sustainability in the context of China’s international trade development. The research substantiates environmental sustainability in the context of China's international trade development. Related factors of international trade in the context of environmental sustainability have been identified. The formation of modern international trade in the conditions of changing the ecological environment of China is analyzed. Countermeasures on environmental sustainability in the context of China's growing international trade are proposed. Through the summary of research, it is found out the relevance and causality between trade and the environment, analyze and study the changes in relevant data, and summarize the main imbalances in the process of China's response to international trade and environmental sustainable development, so as to put forward corresponding problems in response to these issues solution.Prospects. The results of the research discover the environmental sustainability in the context of China's international trade. The prospect of further research is to apply the impact of the China's international trade development on its environmental sustainability for the development of domestic foreign trade policy.

Peculiarities of Modern Dynamics of the Global Economy

2010 ◽  
pp. 78-92 ◽  
Author(s):  
V. Klinov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Business Cycles ◽  
Global Economy ◽  
Long Waves ◽  
Rapid Expansion ◽  
Business Taxation ◽  
Modern World ◽  
China And India ◽  
World Economic

Rates and factors of modern world economic growth and the consequences of rapid expansion of the economies of China and India are analyzed in the article. Modification of business cycles and long waves of economic development are evaluated. The need of reforming business taxation is demonstrated.

REPUBLIC OF UZBEKISTAN AND THE EURASIAN ECONOMIC UNION: INTEGRATION OPPORTUNITIES

2020 ◽  
Vol 9 (3) ◽  
pp. 87-99
Author(s):  
Nabi Ziyadullayev ◽  
◽  
Ulugbek Ziyadullayev ◽  
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Central Asia ◽  
National Economy ◽  
Effective Interaction ◽  
Regional Powers ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
The Republic ◽  
Cis Countries

The article reveals the features of the international trade, economic and integration priorities of the Republic of Uzbekistan. The conceptual approaches to joining the WTO, diversification of the geography and structure of foreign trade, as well as the expansion of foreign economic cooperation with world and regional powers, the CIS countries and Central Asia are substantiated. Particular attention is paid to risks and building vectors for effective interaction with the Eurasian Economic Union (EAEU), as well as mitigating the effects of the coronavirus pandemic on the national economy.

Foreign Trade Regimes and Economic Development: TURKEY. By Anne O. Kneger. New York : Columbia University Press 1975. (Published by the National Bureau of Economic Research, Inc., New York) xxiii + 339 pp. Price $ 17.50 for hard cover ; $ 5.00 for paperback.

1975 ◽  
Vol 14 (3) ◽  
pp. 377-380
Author(s):  
Javed Ashraf
Keyword(s):  
Economic Growth ◽  
New York ◽  
Economic Development ◽  
Foreign Trade ◽  
Economic Research ◽  
National Bureau ◽  
Columbia University ◽  
Individual Country ◽  
Depth Analysis ◽  
Exchange Control

The book is the first of a series of studies on Exchange Control, Liberalization and Economic Development sponsored by the National Bureau of Economic Research, New York. The ten-country study, of which the book under review is a part, provides an in-depth analysis of three major areas : The anatomy of exchange control along with its implications, the episode of the liberalization of the payments regime, and the relationship of growth with the exchange control regime. The findings of the individual country-studies have been consolidated in an overall synthesis. However, each study is complete in itself in accordance with the needs of scholars having an interest in only some of the studies. The book under review seeks to analyse Turkey's trade and payments regime and the effect that the latter has had on the country's economic growth. Whereas quite a few other factors are instrumental in development (e.g. agricultural productivity, levels of education, political and social stability, etc.), the focus on foreign trade alone is justified by the author on the grounds of the tremendous amount of government influence in foreign trade. Moreover, the author believes that an intensive study of the trade-growth relationship is more rewarding than: a general survey of all factors related to economic growth.

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