China and the World Economy
The global impact of China’s rise, as presented by these informed and insightful authors, is counterintuitive. For educated people who lack expertise in international political economy, China’s rise is simply a great success. China will soon be the world’s largest economy. It is often described as the world’s factory. Its exports have allowed China to amass more than the equivalent of three trillion US dollars in foreign exchange, a feat that puts China in a class of its own. For these a...