Can I read Chinese Trade: Trade Deficits, State Subsidies and the Rise of China (Routledge Studies in the Modern World Economy) on EtoBox?

Chinese Trade: Trade Deficits, State Subsidies and the Rise of China (Routledge Studies in the Modern World Economy) by Richard Marino is a nonfiction available to read on EtoBox.

What is Chinese Trade: Trade Deficits, State Subsidies and the Rise of China (Routledge Studies in the Modern World Economy) about?

There's no question, compared to the advanced economies China's economic growth rates have been spectacular, but in most instances the economic analysts tend to forget that a large part of China's growth has been dictated by government industrial subsidies. How did China go from a bit player overnight to the largest exporter in the world in capital-intensive industries? This book shows that government subsidies play a big part in China's success. Government subsidies include those to basic industries: energy (coal, electricity, natural gas and heavy oil), steel, glass, paper, auto parts, solar and more. A lot has been written about China's trade practices with the West, but none of this work addresses the real unsustainable dilemma. Much of the current literature discusses the problems but doesn't explain the root cause of China's lopsided trade practices with the West or explain in detail how China finances its government subsidies, with nothing written that explains that China's subsidized exports to the United States and European Union are basically self-funded by its enormous trade surplus with the West. A trade surplus represents a net inflow of domestic currency from foreign

Who reads Chinese Trade: Trade Deficits, State Subsidies and the Rise of China (Routledge Studies in the Modern World Economy)?

Author

Richard Marino

Publisher

Routledge

Published

2019

Language

EN

ISBN

9781351039819

Category

nonfiction

Subjects

Economics, Business, Political Science