抄録 | China's foreign exports are caught in several predicaments: a weak recovery of the global economy; sluggish U.S., European, and Japanese markets; a single export market pressure at home from industrial restructuring and upgrading; excess capacity of certain products; and short supply of energy. One important option for China to cope with this grim export picture is to exploit emerging markets. Furthermore, exploiting emerging markets is an inevitable path in order for China to have a say in global economic governance and to transition from a greattrader to a powerful trader. Therefore, China is formulating an emerging market strategy, with its focus on emerging economies. As the trade competitiveness and complementarity between China and these countries differ from one another, targeted policies and measures must be put in to place. China needs to carefully arrange domestic and foreign policies to guarantee the success of its strategy of exploiting emerging markets. This paper selected 14 countries (i.e., Russia, India, Brazil, Pakistan, Egypt, Indonesia, Iran, Philippines, Mexico, Bangladesh, Nigeria, Turkey, Vietnam, and South Africa), built measurement indexes based on a comparison of the trade structures between China
and these countries, estimated the trade relations between them, and ranked the potentials for China to cooperate with these emerging countries. Accordingly, this paper, grounded on exploiting emerging markets, puts forward recommendations for policies for optimizing trade structures between China and major emerging markets and proposes different countermeasures considering the trade barriers against China in various countries. |