China's Role on the International Cotton Market

Abstract

The aim of this paper is to investigate the main features of world cotton market by focusing on the role of China, and analyzing the effect of predetermined macroeconomic variables on Chinese cotton market. First, a global overview of cotton market is given; after that, the main reasons for considering China as the leading country in this sector are illustrated. To follow the paper analyses what factors and to which extent they may have affected Chinese cotton production, consumption and international trade over the last years by means of a correlation matrix. Findings and conclusions are lastly presented.

Keywords: Cotton, China, Production, Consumption, Trade, Man-made Fibres, Public Policies

JEL Classification: Q11, O53, Q17, Q18, O13