The Rise of the Chinese Economy: The Middle Kingdom Emerges

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If current trends continue, China will become the world's largest economy by 2010. In this thorough analysis of the roots and objectives of Chinese economic and industrial policy, Mastel outlines the implications of China's rise for the world economy. He then proposes strategies to address the hazards this rise will pose as well as the opportunities it will create. The author focuses on three major industrial sectors: automobiles, aerospace, and electronics.