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Rise of China and India in International Trade: From Textiles to New Technology
Article first published online: 20 SEP 2008
DOI: 10.1111/j.1749-124X.2008.00127.x
© 2008 The Authors Journal compilation © 2008 Institute of World Economics and Politics, Chinese Academy of Social Sciences
Additional Information
How to Cite
Lemoine, F. and Ünal-Kesenci, D. (2008), Rise of China and India in International Trade: From Textiles to New Technology. China & World Economy, 16: 16–34. doi: 10.1111/j.1749-124X.2008.00127.x
Publication History
- Issue published online: 20 SEP 2008
- Article first published online: 20 SEP 2008
- Abstract
- References
- Cited By
Keywords:
- China;
- foreign trade;
- India;
- technology
- F14;
- F15;
- O33;
- O53;
- O57
Abstract
China and India are two demographic giants that have become big developing economic powers. They have maintained their specialization in textiles and developed outward-oriented sectors linked to new technologies, taking advantage of offshoring and outsourcing. Their increasing contribution to international trade is changing the world supply and demand of manufactured goods, primary goods and services. They are new leaders in the international division of labor, but beyond technological catch-up, their challenge is quality upgrading. Both countries are increasingly contributing to global economic growth, but they cannotyet trigger the growth of the rest of the world by themselves.