Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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China in the World Economy (Paperback, New)
Loot Price: R348
Discovery Miles 3 480
You Save: R66
(16%)
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China in the World Economy (Paperback, New)
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List price R414
Loot Price R348
Discovery Miles 3 480
You Save R66 (16%)
Expected to ship within 12 - 17 working days
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China is playing a growing role in the world economy. It is one of
the world's fastest growing countries and is the tenth largest
exporter. China is also a significant recipient of foreign aid and
a major borrower on international capital markets. Even more
significantly, it is attracting vast amounts of foreign direct
investment.China in the World Economy examines the implications of
China's emergence as a major player in the world economy. Its
integration into the international economic order poses major
difficulties for the rest of the world. These problems including
bringing China's mixed market/centrally planned economy into the
GATT, adapting to competition from labor-intensive Chinese exports,
encouraging further market-oriented reform, and accommodating its
demand for international capital. But China's participation in the
global economy also offers important opportunities for trade,
investment and international cooperation to promote world peace and
stability.Nicholas Lardy anticipates that China will continue on a
rapid growth path, thus magnifying the policy challenges and
opportunities for its trading partners, including the U. S. He
recommends a series of steps to facilitate China's full
participation in the world economy.
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