China as a Leading Pacific Economy

China is emerging as a leading Pacific economy in the 1990s. This paper examines the implications of China's entry into the world market for the OECD countries as well as for the regional economies of Asia and the Pacific. It argues that the shares of Asian countries in the OECD countries'...

Full description

Bibliographic Details
Main Author: Fukasaku, Kiichiro
Other Authors: Wu, Mingyuan
Format: eBook
Language:English
Published: Paris OECD Publishing 1993
Series:OECD Development Centre Working Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
LEADER 01826nma a2200253 u 4500
001 EB001828349
003 EBX01000000000000000994795
005 00000000000000.0
007 cr|||||||||||||||||||||
008 180616 ||| eng
100 1 |a Fukasaku, Kiichiro 
245 0 0 |a China as a Leading Pacific Economy  |h Elektronische Ressource  |c Kiichiro, Fukasaku and Mingyuan, Wu 
260 |a Paris  |b OECD Publishing  |c 1993 
300 |a 41 p.  |c 21 x 29.7cm 
653 |a China, People's Republic 
653 |a Development 
700 1 |a Wu, Mingyuan 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OECD  |a OECD Books and Papers 
490 0 |a OECD Development Centre Working Papers 
024 8 |a /10.1787/111803631747 
856 4 0 |a oecd-ilibrary.org  |u https://doi.org/10.1787/111803631747  |x Verlag  |3 Volltext 
082 0 |a 333 
520 |a China is emerging as a leading Pacific economy in the 1990s. This paper examines the implications of China's entry into the world market for the OECD countries as well as for the regional economies of Asia and the Pacific. It argues that the shares of Asian countries in the OECD countries' market cannot increase without bound, as China and its neighbouring developing economies have basically similar export profiles, competing with each other for market shares for similar products. China's coastal strategy has led to the emergence of a "greater China", encompassing China, Hong Kong and Taiwan. Growing trade and investment flows between China and Taiwan via Hong Kong since the mid-1980s can be understood as components of "catching-up" processes, described by some trade economists as the "flying-geese" pattern of trade development. In short, China's entry into the world market is a "positive sum" game, as it provides new market opportunities for both OECD countries and Asian NIEs. In ..