Global Production Sharing and Sino-US Trade Relations |
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| Authors: | Prema-chandra Athukorala Nobuaki Yamashita |
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| Affiliation: | Professor, Research School of Pacific and Asian Studies, Australian National University, Canberra, Australia. Email:;;Research Fellow, School of Economics and Finance, La Trobe University, Melbourne, Australia. Email: . |
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| Abstract: | This paper examines Sino–US trade relations, focusing on the ongoing process of global production sharing, involving splitting of the production process into discrete activities that are then allocated across countries, and the resulting trade complementarities between the two countries in world manufacturing trade. The results suggest that the Sino–US trade imbalance is basically a structural phenomenon resulting from the pivotal role played by China as the final assembly centre in East Asia-centered global production networks. |
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| Keywords: | global production sharing Sino–US trade trade balance |
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