Description
Book SynopsisThis forward-looking volume offers insights into the globalization of the Chinese economy and its accession to the WTO.
The contributors provide updated accounts of recent developments in the Chinese economy and examines the implications of China's accession for the rest of the world. Firstly, the volume offers an overview of possible changes in industrial policies and analyzes new developments in some important sectors, including agriculture, telecommunications and automobiles. It addresses the key concerns in China regarding its entry into the WTO, such as whether the WTO membership will cause massive unemployment and/or exacerbate inequalities among regions. Finally, it evaluates the implications of increased trade and financial ties with China for the rest of the world, investigating the conditions facilitating foreign direct investment in China and assessing potential trade disputes as trade between China and the rest of the world grows.
The Globalization of the Chinese Economy provides a comprehensive picture of the political, economic and social environment in China as a whole. It will be of particular interest to academics of Asian studies and international relations as well as policymakers in the US, China and other Western economies.
Trade Review'This one is worth reading for those interested in how China's economy is being transformed by the WTO and the larger transition to a market-based capitalist economy. Recommended.' -- S.J. Gabriel, Choice
'This book provides a most authoritative analysis of the impact of China's accession to the WTO. The book should be of interest to every scholar concerned with China's future.' -- Justin Yifu Lin, Peking University, China and Hong Kong University of Science and Technology, Hong Kong
'The editors of this volume - all graduated from colleges in China, received their PhD's in economics from US universities, and are currently research scholars in the US - have assembled a remarkable set of articles on China's accession to WTO. The authors, many of whom share the path of the editors, are well positioned to have both a broad perspective and a sharp insight on the issue that is much publicized yet little analyzed.' -- Yingyi Qian, University of California, Berkeley, US
'This volume by a distinguished group of authors is timely and presents valuable insight.' -- Yanrui Wu, University of Western Australia
Table of ContentsFull Contents: 1. A Globalizing China: An Introduction Part I: Transformation in the Chinese Economy 2. Revamping the Industrial Policies 3. The Future of the Agricultural Sector 4. Telecommunications: Moving Towards Competition 5. Telecommunications: Recent Rate Adjustments 6. Automobile and Fuel Industries Part II: Social Implications 7. Reconfiguration of the Labor Market 8. Regional Inequality 9. Urbanization and Population Relocation Part III: Linkage with the World 10. The Impact on the US and Other Countries 11. The Impact on Taiwan 12. Foreign Investment in China: Macro Determinants 13. Foreign Investment in China: Firm Strategies 14. Explosion of Trade Disputes? Index
