China and the World Economy

The emergence of China as an economic superpower, and its impact on the global economy has attracted rigorous debate and interest worldwide. Thirty years ago, it seemed unimaginable that China would be the world's largest exporter, and the second largest economy. It is predicted that China may be able to overtake the US to become the word's largest economy by 2028 or even earlier. This book explores the pertinent issues surrounding China's successful growth and integration into the world economy, including: the impact of China's accession into the WTO, Foreign Direct Investment, the evolution of China's labour markets and the importance of patenting laws and the surge in patenting activity, amongst other issues. In addition, €a team of internationally renowned economists turn their expertise to exploring the impact that China's accelerated growth will have on the global economy in the coming few decades. This book is essential reading for all interested in China and Economics, economic growth, globalisation and Asian studies.