TY  - BOOK
AU  - Golley, Jane
AU  - Song, Ligang
AB  - 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.
DO  - 10.26530/OAPEN_459495
ID  - OAPEN ID: 459495
ID  - OAPEN ID: OCN: 1030819296
KW  - social conditions
KW  - economic conditions
KW  - economic development
KW  - international economic relations
KW  - china
KW  - Foreign direct investment
KW  - Renminbi
KW  - United States
L1  - https://library.oapen.org/bitstream/id/ae7ac5fe-0953-4507-8726-c45c71e67b45/459495.pdf
LA  - English
LK  - http://library.oapen.org/handle/20.500.12657/33635
PB  - ANU Press
PP  - Canberra
PY  - 2011
TI  - Rising China : Global Challenges and Opportunities
ER  - 
