Home

China's Unshaken GDP

Posted on January 24, 2008 by Brandon Gast
Topics: Imports/Exports, Trade
Countries: China

Most assume that China will experience a significant downturn in growth as a result of the recent scare in the US economy. But on January 3rd The Economist published an article suggesting that growth of GDP in China is less dependent on the export of cheap goods to Western consumer markets.

The headline ratio of exports to GDP is very misleading. It compares apples and oranges: exports are measured as gross revenue while GDP is measured in value-added terms…
Once these adjustments are made, Mr Anderson reckons that the "true" export share is just under 10% of GDP. That makes China slightly more exposed to exports than Japan, but nowhere near as export-led as Taiwan or Singapore.

Bookmark/Search this post with:
Keywords: global economic crisis, emerging markets

Comments

Post new comment

Your email address is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <blockquote>
  • Lines and paragraphs break automatically.

More information about formatting options


Breaking News
Subscribe

Namibia: Conservation Could be Engine For Growth

All Africa - Fri, 09/05/2008 - 08:55
Top business personalities and conservation experts from 26 countries are gathering in Namibia this weekend to discuss links between business expertise and environmental projects in Africa to unlock the potential of protected areas for socio-economic development.

Rice Makes Historic Visit to Libya

Washington Post - Fri, 09/05/2008 - 13:42
Secretary of State Condoleezza Rice arrived in Libya Friday, launching the first visit by Washington's top diplomat to the once-pariah state in more than a half-century and signaling a new chapter in U.S. -Tripoli relations.

Aid to Poor Nations Slips as Need Becomes More Acute

International Herald Tribune - Fri, 09/05/2008 - 14:38
A UN report released Thursday showed that aid dropped 8.4 percent in 2007, after a 4.7 percent drop in 2006. Commitments to help Africa in particular have lagged.

British Companies Emigrating Over Taxes

New York Times - Thu, 09/04/2008 - 22:37
In the past week, three British companies have announced plans to move abroad before the end of the year, unhappy about a lack of clarity about tax rules and eager to cut their tax bill.

Mexico City Launches Community Gardens

Christian Science Monitor - Thu, 09/04/2008 - 23:00
The 21 community gardens are part of the mayor's bid to improve the city's quality of life.
See all Breaking News >

Recent comments

An initiative of Mercy Corps
“You must be the change
you wish to see in the world”
— Mahatma Gandhi
Learn more about Mercy Corps >

Efficiency

Over the last five years, more than 89% of Mercy Corps' resources have been allocated directly to programs

Excellence

Mercy Corps is a Charity Navigator 4-star charity.

Click to view our rating from America's premier charity evaluator.

High Value

Every dollar you donate to Mercy Corps helps us secure $20.89 in donated food and other critical supplies.

Mercy Corps — Dept. W — 3015 SW First Ave — Portland, OR 97201
 All original content Copyright © 2008 Mercy Corps. Quoted and linked content is property of the creator(s). Mercy Corps will not sell, rent or trade your personal information.