Abstract
AbstractThe ascent of China as the world’s top exporter is unusual in its rapidity andhigh–tech content, with a major portion in ‘process trade’ by Chinese classification,forming part of the evolving global value chain. With chronology andeconomic analysis applied to notions in frequent business usage, but not economicsliterature, this study shows the global value chain arose from the microelectronicrevolution known as ‘Moore’s Law’, evolved under the time‐tomarketimperative, and caused widespread outsourcing in America and Europe,with final stage production mostly in China, by Taiwanese contract manufacturers.The insight gained may help to assess future trends.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call