Globalisation Transition and Development in China

<p>Based on extensive original research <em>Globalisation Transition and Development in</em><em>China</em> explains China's development strategy and its underlying forces and the success of this strategy. It examines China's gradualist approach which emphasizes development first and regards transition and globalization as secondary enacting liberalization of domestic markets and integration into the world economy in a paced way avoiding dramatic changes which might impede or even reverse development and argues that this approach is broadly correct. It considers China's failures including the failure to build large globally competitive corporations despite the intention to do this and shows how China's economic strategy has been implemented in detail with a case study of the large and important coal industry.</p>