In the News
China's export machine increases their global market share
7th September 2016
This article is a reminder of the dynamic nature of comparative advantage and the signs already becoming apparent of the subtle but important shift in emphasis in Chinese trade policy away from Made in China to Made by China.
The nation is looking for a move towards higher value-added export industries encompassing deeper levels of knowledge and capability. Increasingly China's major export competitors will become Germany, South Korea and other advanced countries with a high level of economic complexity.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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