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本科畢業(yè)論文外文翻譯原文外文題目:China’s Competitive Performance: A Threat To East Asian Manufactured Exports? 出 處: World Development, Sep2004, Vol. 32 Issue 9 作 者: Sanjaya Lall and Manuel Albaladejo 原 文:China’s Competitive Performance: A Threat To East Asian Manufactured Exports?There is growing concern in Southeast and East Asia about the petitive threat posed by China’s burgeoning exports, exacerbated by its accession to the WTO. The threat is not confined to laborintensive products but spans the whole technological and skill range. At the same time, China is rapidly raising its imports from the region, and it is not clear whether its burgeoning exports will damage its neighbors. We examine the dimensions of China’s petitive threat in the 1990s, benchmarking petitive performance by technology and market, and finds that market share losses are so far mainly in low technology products, with Japan being the most vulnerable market. We analyze market share changes and highlight product groups that are directly or indirectly exposed to a petitive threat. We examine intraregional trade and find that China and its neighbors are raising high technology exports in tandem: the nature of the international production systems involved lead to plementarily rather than confrontation. China is thus acting as an engine of export growth for its neighbors in terms of direct trade. However, this will change as China moves up the value chain and takes on the activities that have driven East Asian export growth.IntroductionConcern about China’s petitive threat is widespread (in developed economies like US as well as developing ones like Mexico), but is strongest in East and Southeast Asia. China’s burgeoning exports–backed by cheap and productive labor, a large stock of technical manpower, huge and diversified industrial sector, attractiveness to foreign investors, pragmatic use of industrial policy, and, now, freer access to world markets under WTO – lead to apocalyptic visions of export China is most threatening to neighbors that rely primarily on low wages for their export advantage. However, as it upgrades its export structure, the more advanced economies (Singapore, Hong Kong, Korea and Taiwan) also fear for their petitiveness. The current hollowing out of their lowend manufacturing may soon extend to plex production, design, development and related services. Domestic markets are also threatened by China, but so far most attention seems to have been on exports. Offsetting this threat are the promise of the giant Chinese market (WTO accession is only one of several initiatives to liberalize regional trade) and the potential for collaboration with it in exporting to the rest of the world. Trade within the East Asian region is flourishing. China is a growing importer from the region of natural resources that it does not possess. It is also raisin g imports of manufactured products. Its advanced neighbors are selling it sophisticated consumer and producer goods, and using it as a base for processing exports to third countries. The multinational panies (MNCs) that now account for around half of Chinese exports (and far more of its high technology exports, UNCTAD,2002) are incorporating China into production systems spanning the region (‘fragmentation’ and ‘segmentation’ are used to describe this phenomenon3), so promoting considera