128
Managing Openness
Figure 10.5. Growth Rates of China’s Southern Trade Pre– and Post–financial Crisis Compared to Same Period of Previous Year 50 40 30
percent
20 10 0 –10 –20 –30 –40
3
2
Q 20
20
20
09
09
Q 09
08 20
08 20
Q
1
4 Q
3 Q
2 Q 08 20
20
08
Q
1
–50
China’s exports
south’s exports
north’s exports
China’s imports
south’s imports
north’s imports
Source: Authors’ calculations based on data from China Customs Statistics, China Customs Information Center, http://www.haiguan.info.
Figure 10.6. China’s Regional Export Shares Pre– and Post–financial Crisis, 2007–09 30
25
percent
20
15
10
5
3
2
Q 09 20
20 0
9
Q
1 9 20 0
8 20 0
Q
4 Q
3 08 20
08
Q
2 Q
1 20
08
Q
4 20
20
07
Q
3 20
07
Q
2 Q 07 20
20
07
Q
1
0
quarter Asia*
Africa
Latin America
South
ASEAN*
European Union
Source: Authors’ calculations based on the data from China Customs Statistics, China Customs Information Center, http://www.haiguan.info. Note: ASEAN = Association of Southeast Asian Nations; ASEAN* = ASEAN excluding Singapore.