The globalization of the Chinese economy

About this book

This volume offers insights into the globalization of the Chinese economy and its accession to the WTO. The contributors provide contemporary accounts of developments in the Chinese economy as it prepares to join the WTO 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 analyses developments in some important sectors, including agriculture, telecommunications and automobiles. It addresses some concerns in China regarding it 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.