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• W2186184789 abstract "During the last three decades, China experienced vast economic reforms and achieved many great successes. Nowadays, as the most emerging economy, China plays an important role as the world largest goods supplier. However, due to subprime-born-financial crisis, China economy was affected badly and gradually lost its exports advantage which is the major driver of its economic growth. Past literatures show a mix of results regarding FTAs and export flow increase. To examine the issue of FTA-trade in China, this paper employs the famous gravity model which is estimated using panel data techniques to estimate the impact of trade flows and FTAs among China and its trading partners. The data includes a total of 22 countries over 27 years (1980-2006). The results show that GDP, FDI, M2/GDP and Colony have positive relationship with export; Population, Endowment and Exchange rate we get mixed results which are similar with other articles’ results. This paper also gets the results that common land and common languages are not the major trade barriers between countries. Forming FTAs of APEC and ASEAN will bring trade creation among members, which require Chinese government accelerate to enhance FTA strategy in the future. In order to keep up and sustain the economic growth, China has two options in hands. On one hand China has to transform its export structures to keep its export advantage on the other hand, China has to expand more economic cooperation through free trade agreements (FTAs) to trade more from the regional economic grow up." @default.
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• W2186184789 date "2011-01-01" @default.
• W2186184789 modified "2023-09-24" @default.
• W2186184789 title "Trade Flows and Trade Potential: China and Its Major Trading Partners" @default.
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