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    Rising China: Global Challenges (China Update)

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    https://library.oapen.org/bitstream/20.500.12657/33635/1/459495.pdf
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    https://library.oapen.org/bitstream/20.500.12657/33635/1/459495.pdf
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    https://library.oapen.org/bitstream/20.500.12657/33635/1/459495.pdf
    Author(s)
    Golley, Jane
    Song, Ligang
    Language
    English
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    Abstract
    Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China’s integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China’s integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China’s trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China’s rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.
    URI
    https://directory.doabooks.org/handle/20.500.12854/28313
    Keywords
    social conditions; economic conditions; economic development; international economic relations; china; Foreign direct investment; Renminbi; United States
    DOI
    10.26530/OAPEN_459495
    Publisher
    ANU Press
    Publisher website
    http://press.anu.edu.au
    Publication date and place
    Canberra, 2011
    Classification
    Economics
    Pages
    327
    Rights
    http://press.anu.edu.au/about/conditions-use
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      This project received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 871069.

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