@techreport{NBERw14716, title = "Introduction to “China’s Growing Role in World Trade”", author = "Robert C. Feenstra and Shang-Jin Wei", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "14716", year = "2009", month = "February", URL = "http://www.nber.org/papers/w14716", abstract = {Over the last three decades, the value of Chinese trade has approximately doubled every four years. This rapid growth has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a substantial importer of raw materials, intermediate inputs, and other goods. This paper provides an overview of the microstructure of Chinese trade, its macroeconomic implications, trade disputes with other WTO member countries, and the role of foreign firms.}, }