past few decades when the large emerging economies - notably China - have increased their role in world's industrial …

China is still a poor developing country. Since 1978, when the economy started to move in a more market …-oriented direction, China has grown to become an influential player in the global economy. China has actively aimed to take part in the … international division of labour. For example, in 2002 it became a member of the World Trade Organization (WTO). China's foreign …