China's Long March to an Open Economy

by Kiichiro Fukasaku, David Wall

A detailed analysis of China's open-economy reforms and their implications for both East Asia and the OECD Member countries forms the basis of this book. The authors reveal that China's trade profile contains elements very similar to those of the Newly Industrialising Economies of the region, leading to a need to liberalise the trade and investment regimes of these countries further. OECD Member countries' reactions to the growth of China as a trading partner should include continued relaxation of trade restrictions to encourage the maintenance of Chinese policy reform and sustain the growth momentum which is essential for global economic recovery.

117 pages, Paperback

First published November 17, 1994