This paper examines China's emergence as a global player in international markets over the last few
decades. It provides an overview of China's trade policy environment following the country's process of
market opening and joining the WTO. The report analyses China’s role in international processing activities
and moving up the global value chain. It also examines China’s impact on world prices and the
deterioration of its own terms of trade. The paper looks at China's two-pronged export...
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