, selective adaptation, and industrial upgrading. This paper attempts to distill lessons from China's reform and opening up … process, and investigate the underlying reasons behind China's success in trade expansion and economic growth. From its … beginnings with home-grown and second-best institutions, China has embarked on a long journey of reform, experimentation, and …

and opportunities for Latin America that come from China's rise, and draws lessons from New Structural Economics and the … to avoid further de-industrialization arising from the competitive pressures of the rise of China, broaden the base for …