China's Embrace of Globalisation
As China has become an increasingly important part of the global trading system over the past two decades, interest in the country and its international economic policies has increased among international economists who are not China specialists. This paper represents an attempt to provide the international economics community with a succinct summary of the major steps in the evolution of Chinese policy toward international trade and foreign direct investment and their consequences since the late 1970s. In doing so, the authors draw upon and update a number of more comprehensive book-length treatments of the subject. [NBER Working Paper No.12373]
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