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| Author: | Palia, A. P. Shenkar, O. |
| Title: | Countertrade practices in China |
| Journal: | Industrial Marketing Management
1991 : FEB, VOL. 20:1, p. 57-65 |
| Index terms: | TRADE BARTERING CHINA TRADE POLICY IMPORTS EXPORTS |
| Language: | eng |
| Abstract: | Forms of counter-trade /barter, clearing agreements, compensation, counter-purchase, and offset/ are discussed. Countertrade policy of the People's Republic of China /PRC/ practices, problems and trends were recently surveyed by the Association for the Compensation of Commercial Exchange /ACECO/. According to ACECO Chinese authorities favour counter-trade as a tool to accomplish several objectives. PRC counter-trade is dominated by compensation agreements. Countries involved in counter-trade with China and a number of transactions are listed. Types of counter-trade used are presented. Chinese imports and exports of goods are analysed by final disposition and by degree of processing. |
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