Keller, Wolfgang; Shiue, Carol H. - National Bureau of Economic Research - 2021
treaty port system of the West transformed China into an economy focused on coastal areas and on international trade that … aligned with the trading interests of the West. We show, first, that the West had a positive impact on China's economy during … by post-1978 reforms. The nearly 100 years of semi-colonization have shaped China's economy today as one focused on the …