Globalisation, Transition and Development in China - 9780415333191

Taylor & Francis

Globalisation, Transition and Development in ChinaThe Case of the Coal Industry\nAuthor(s): Rui Huaichuan\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780415333191, 978-0415333191\nSynopsis\nBased on extensive original research, Globalisation, Transition and Development inChina 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 wit.