China and the UK - Changing patterns of international trade and investment.

China's economic growth over the last two decades has been truly remarkable. Averaging near double‐digit percentage growth each year, it is now the second largest economy in the world based on gross domestic product (GDP) and is expected, one day, to overtake the USA and become the largest. Chi...

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Bibliographic Details
Main Authors: Chamberlin, G, Yueh, L
Format: Journal article
Language:English
Published: Palgrave Macmillan 2011
Description
Summary:China's economic growth over the last two decades has been truly remarkable. Averaging near double‐digit percentage growth each year, it is now the second largest economy in the world based on gross domestic product (GDP) and is expected, one day, to overtake the USA and become the largest. China's growth has been predominantly export driven and centred in manufacturing, especially since joining the World Trade Organisation (WTO) in 2001. This article looks at how the rise of China has impacted on the UK's international trade and investment and also how the continuing development of China may affect these in the future.