Asian economies need nuanced steps to counter cheap Chinese imports

Local manufacturers battling for survival in face of aggressive pricing

Doris Liew, Aaron Pek and Guanie Lim

October 1, 2024 05:05 JST

An aerial view shows cars for export at a port in Yantai, Shandong province, China, in May 2023. © Reuters

Doris Liew is an economist and assistant research manager at IDEAS Malaysia. Aaron Pek is a former fund manager and the editor of Value Investing Substack. Guanie Lim is an Associate Professor of Development Studies at the National Graduate Institute for Policy Studies in Tokyo.

China's aggressive export practices are casting a long shadow over Asian economies. By flooding global markets with cheap products, China is not only undermining fair competition but also hitting local industries hard.