Opportunities and Challenges Faced by the Trade Cooperation of China and Africa

Xiaobin TANG, Shan MA, Li DONG

Abstract


This paper is based on the new normal background that the early days macroeconomic stimulation lead to the waste of manufacturability and hasted to find a new trade market, So we use the RCA Index proposed by Balassa in 1965 to compute the RCA Index and RMA Index of the mainly ten products of the export and import trade between China and Africa, Then specifies the competitive industries and the disadvantage industries in two countries, furthermore affirms the high growth potential trading products among the China and Africa. At the end of the paper, several opportunities and challenges are proposed according to the empirical results．


Keywords


Africa trade market; RCA index; RMA index; Opportunities and challenges

Full Text:

PDF

References


Balassa. (1965). Trade liberalization and revealed comparative advantage. Manchester School of Economics and Social Studies, (02), 99-123.

Guan, X. L., & Xiao, P. (2008). Comparative advantage and trade complementarity between China and Japan. Contemporary Economy of Japan, (5), 34-39.

Lai, P. Y., & Wu, J. Y. (2012). Opportunities and challenges faced by the cooperation of BRICS. Statistical Research, (2), 21-27.

Ma, C. F., & Wu, F. (2013). Prospect and characteristic between China-Africa trade. International Trade, (4), 40-45.

Qin, J. W. (2014). Take full advantage of civil society to promote the cooperation of economy and trade between China and Africa. 21CN Finance and Economy. Retrieved from http://finance.21cn.com/stock/cfgd/a/2014/0408/17/26920512.shtml

Yu, J. P. (2003). Comparative advantage and trade complementarity between China and other Asian economies. World Economy, (5), 33-40.

Zhou, S. Q. (2000). The analysis of method and situation of China-Africa trade. Journal of International Trade, (2), 18-23.




DOI: http://dx.doi.org/10.3968/%25x

Refbacks

  • There are currently no refbacks.


Copyright (c)



Reminder

  • How to do online submission to another Journal?
  • If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:

Submission Guidelines for Canadian Social Science

We are currently accepting submissions via email only. The registration and online submission functions have been disabled.

Please send your manuscripts to [email protected]，or [email protected] for consideration. We look forward to receiving your work.

 Articles published in Canadian Social Science are licensed under Creative Commons Attribution 4.0 (CC-BY).

 

Canadian Social Science Editorial Office

Address: 1020 Bouvier Street, Suite 400, Quebec City, Quebec, G2K 0K9, Canada.
Telephone: 1-514-558 6138 
Website: Http://www.cscanada.net; Http://www.cscanada.org 
E-mail:[email protected]; [email protected]

Copyright © Canadian Academy of Oriental and Occidental Culture