China’s mercantilist squeeze on developing countries
Shoumitro Chatterjee and Arvind Subramanian in this PIIE research show how China is limiting industrialisation in developing economies: Concern over China’s trade surplus is again resurging in the United States and Europe, but less attention has been paid to what China’s surplus means for low- and m
China's mercantilist squeeze on developing countries
美国和欧洲对中国贸易顺差的担忧再次抬头，但对中国顺差对中低收入国家意味着什么的关注较少。尽管中国已成为一个更加富裕和高科技的经济体，但它仍然在服装和鞋类等全球低技能密集型出口市场中占据很大份额，而这正是中低收入国家竞争最直接的领域。作者记录了他们所谓的“中国挤压”，这限制了这些国家传统上用来发展经济的工业化机会……
