Big Dragon, Little Dragons: China's Challenge to the Machinery Exports of Southeast Asia

Download or read book Big Dragon, Little Dragons: China's Challenge to the Machinery Exports of Southeast Asia written by Sjamsu Rahardja and published by World Bank Publications. This book was released on 2007 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper investigates the extent of China's export boom in machinery and analyzes trade in components and finished machinery between China and Southeast Asia. China has increased its world market share in machinery exports. The median relative unit value of its finished machinery exports has also risen. Yet the author finds no evidence that China's expansion in the world machinery market has squeezed the market shares of Southeast Asian machinery exports. Instead, components made by Southeast Asian countries are increasing in unit value and gaining market share in China.