Based on extensive original research, Globalisation, Transition and
Development in China explains China's development strategy and its
underlying forces, and the success of this strategy. It examines
China's gradualist approach which emphasizes development first and
regards transition and globalization as secondary, enacting
liberalization of domestic markets and integration into the world
economy in a paced way, avoiding dramatic changes which might
impede or even reverse development, and argues that this approach
is broadly correct. It considers China's failures, including the
failure to build large globally competitive corporations despite
the intention to do this, and shows how China's economic strategy
has been implemented in detail with a case study of the large and
important coal industry.
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