Fancass, He - East Asian Bureau of Economic Research (EABER) - 2007
The rise of China is a major episode in world economic history. From the late 1970s, China pursued market … to an industrialised economy. Third, China is changing from autarky to an important player in the arena of world economy …-oriented reforms and open policy. During the past two decades, China experienced extraordinary growth. Since 1978, GDP growth rates …