"Yet by 2020, twenty-five years after the WTO's creation, it was the United States that has become the great disrupter - disenchanted with the rules' constraints, including on its ability to create new rules. It was the United States that flouted WTO rules in the name of "national security" and...

25 years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. China is emerging as the new powerhouse for the world economy. This book discusses the impact and significance of this transformation, presenting conclusions...