China's Transition to a Global Economy

Springer Book Archives

How has China approached the global economy? China's approach has been experimental, stressing the liberalization of trade and investment flows and the development of a market economy. Integrating Western social science and Chinese research, this book assesses the nature and effect of globalization in China and its implications.How has China approached the global economy? Webber, Wang and Zhu attempt to answer this question through analysis of the concepts of globalization, transition and regionalization. China's approach has been experimental, stressing the liberalization of trade and investment flows and the development of a market economy. By these indexes globalization in China has been gradual and uneven. Integrating Western social science and Chinese research, this book assesses the nature and effect of globalization in China and its implications.