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.
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