, 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 …

Vietnam has been following China's path closely and very successfully for the last two decades, since the adoption of … is the highest of all major Asian exporters (including China) since the mid-1990s. In the current international context … of emerging countries. Several obstacles might block this emergence, such as the rise of China and the stringent rules of …