Introduction
Robert C. Feenstra and Shang-Jin Wei
I. Microstructure of International Trade
1. The Anatomy of China’s Export Growth
Mary Amiti and Caroline Freund
Comment: Bin Xu
2. What Accounts for the Rising Sophistication of China’s Exports?
Zhi Wang and Shang-Jin Wei
Comment: Galina Hale
3. China’s Local Comparative Advantage
James Harrigan and Haiyan Deng
Comment: Chong Xiang
4. China and the Manufacturing Exports of Other Developing Countries
Gordon H. Hanson and Raymond Robertson
Comment: Irene Brambilla
II. Macroeconomic Issues
5. China’s Exports and Employment
Robert C. Feenstra and Chang Hong
Comment: Michael Dooley
6. Exporting Defl ation? Chinese Exports and Japanese Prices
Christian Broda and David E. Weinstein
Comment: Joshua Aizenman
7. China’s Current Account and Exchange Rate
Yin-Wong Cheung, Menzie D. Chinn, and Eiji Fujii
Comment: Jeffrey Frankel
III. Sectoral Issues and Trade Policies
8. China’s WTO Entry: Antidumping, Safeguards, and Dispute Settlement
Chad P. Bown
Comment: Thomas J. Prusa
9. China’s Experience under the Multi-Fiber Arrangement (MFA) and the Agreement on Textiles and Clothing (ATC)
Irene Brambilla, Amit K. Khandelwal, and Peter K. Schott
Comment: Joseph Francois
10. Agricultural Trade Reform and Rural Prosperity: Lessons from China
Jikun Huang, Yu Liu, Will Martin, and Scott Rozelle
Comment: Kym Anderson
11. Trade Growth, Production Fragmentation, and China’s Environment
Judith M. Dean and Mary E. Lovely
Comment: Arik Levinson
IV. Foreign Investment and Trade
12. Please Pass the Catch-Up: The Relative Performance of Chinese and Foreign Firms in Chinese Exports
Bruce A. Blonigen and Alyson C. Ma
Comment: Raymond Robertson
13. Facts and Fallacies about U.S. FDI in China
Lee Branstetter and C. Fritz Foley
Comment: Stephen Yeaple
14. China’s Outward Foreign Direct Investment
Leonard K. Cheng and Zihui Ma
Comment: Nicholas Lardy
Contributors
Author Index
Subject Index