In twenty years of reform in China, the key development has been the opening-up of the market to foreign trade and international investment. This increased economic openness has been accompanied by profound changes in both economic organisation and regional disparity. This comprehensive book...

Market Development in China presents the analysis of leading specialists on the causes, benefits and problems resulting from China’s transition to a market economy. As the authors illustrate, it is generally recognized that in the last 25 years China has achieved a rate of economic growth...