Based on extensive original research, Globalisation, Transition and Development in China 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.
Author(s): Rui Huaichuan
Year: 2004
Language: English
Pages: 200
Book Cover......Page 1
Title......Page 4
Contents......Page 5
List of figures......Page 11
List of tables......Page 12
Foreword......Page 13
Acknowledgements......Page 16
List of abbreviations......Page 18
Introduction......Page 20
The challenges facing China......Page 29
The challenges facing China's coal industry......Page 45
Development: the rise and fall of TVE coalmines......Page 71
Transition: transforming traditional SOE coalmines......Page 95
Globalization: building competitive coal corporations......Page 121
Conclusion: inter-relationship of the three challenges and the role of the state......Page 143
Notes......Page 170
References......Page 179
Index......Page 190
