An analysis of the causes and consequences of China's
transformation from a minor player to the world's tenth largest
trader in less than two decades. It locates the transformation in
the synergy created by new forces unleashed in China and their
interaction with entrepreneurs in Hong Kong, Taiwan and Southeast
Asia, who invested capital, transferred production facilities and
provided the marketing channels by which Chinese goods reached
world markets. The book also examines the dynamics behind Japan's
increasing role in China's foreign trade in the late 1990s and the
growing trade friction between China and the United States, which
it argues is produced by the failure of the latter to recognise the
dynamics of China's export growth.
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