China’s Trade Patterns and International Comparative Advantage

The growth of China's foreign trade in recent years has been widely attributed to its economic reforms and open door policies. This book outlines the process of China's trade reforms over the past two decades and assesses the impact of these reforms on the economy. The author provides a quantitative analysis to trace China's evolving commodity pattern of trade and changing comparative advantage structure over the entire reform period. Comparison is made between the trade patterns and comparative advantage to reveal the dynamic effects of the recent economic reform on resource allocation efficiency.