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Exposure of belt and road economies to China trade shocks

机译：传送带和道路经济对中国贸易冲击的影响

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This paper uses international trade data to assess the degree of exposure of Belt and Road economies to China trade shocks. It finds that the growth of China's trade following its internal transformation and accession to the WTO significantly impacted the export performance of Belt and Road economies in the period 2000-2015. The increase in China's imports significantly boosted the exports of these economies. However, this effect was attenuated by increased competition from China in export markets. The effects of China's demand shocks were stronger in more upstream industries, while those of competition shocks were stronger in industries that produce goods that are closer to final use. The effects of competition shocks were also relatively stronger in countries that are relatively poorer and geographically closer to China. Building on these findings, the paper documents the current degree of exposure of Belt and Road economies to China trade shocks.
机译：本文采用国际贸易数据评估皮带和道路经济的曝光程度与中国贸易冲击。 它认为，在其内部转型和加入WTO后，中国贸易增长显着影响了2000 - 2015年期间皮带和公路经济的出口业绩。 中国进口的增加显着提高了这些经济的出口。 然而，这种效果通过来自中国出口市场的竞争增加而衰减。 在更多上游行业中，中国需求冲击的影响更强，而竞争冲击的行业较为强大，生产更接近最终使用的商品。 竞争冲击的影响在相对较差和地理位置较近中国的国家也相对较强。 在这些调查结果上建立，本文记录了传送带和道路经济曝光程度，以中国贸易冲击。

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