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Should China’s Economic Policy Be Resisted?

Author

Listed:
  • Valentin K. POSPELOV
  • Valentina N. MIRONOVA
  • Petr I. CHUVAKHIN

Abstract

China's economic policies were transformed during the reform period that started in 1979, when the most populated country in the world adopted market-based reforms. Currently, China not only has grown to become the second largest and mid income economy in the world from one of the world's poorest countries, but also actively advances the free trade policy and fills the developing niches, although the latter has caused some concerns. The Chines active economic policy along with its economic and political strengthening in addition to the tensions with the United States rise the question whether the Chinese economic policy should be resisted? This paper analyses the different aspects of China’s economic policy and intents to answer the question based on the importance of the Chinese role in the world economy and development while the public opinion toward China’s economic strengthening has been considered as well. Cite this paper: Pospelov Valentin. K.; Mironova Valentina N.; Chuvakhin Petr I. (2021). "Should China’s Economic Policy be resisted?" Journal of World Economy: Transformations & Transitions (JOWETT) 1(02):06. DOI: https://doi.org/10.52459/jowett1261121

Suggested Citation

  • Valentin K. POSPELOV & Valentina N. MIRONOVA & Petr I. CHUVAKHIN, 2021. "Should China’s Economic Policy Be Resisted?," Journal of World Economy: Transformations & Transitions, ERUDITUS, vol. 1(2).
    • Handle: RePEc:aow:jowett:v:1:y:2021:i:2:id:11
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