Globalisation, Transition and Development in China: The Case of the Coal Industry

1st Edition

Rui Huaichuan

Routledge
Published September 12, 2012
Reference - 200 Pages - 16 B/W Illustrations
ISBN 9780415654999 - CAT# Y144130
Series: Routledge Studies on the Chinese Economy

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Summary

Based on extensive original research, Globalisation, Transition and Development in China 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 with a case study of the large and important coal industry.

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