China's relations with Japan in an era of economic liberalisation1998

The main purpose of this book is to explore the influence of reform on changes in China's economic relations with Japan after the late 1970s. There are three reasons for investigating the links between Chinese reform and bilateral economic relations at this particular juncture in history. First, in the past two decades reform has meant that China has enjoyed faster economic growth than Japan. Second, reform has brought about the deepening of interdependence between the Chinese economy and the world economy. Third, reform has transformed the management of China's domestic and external economic activities. Market-oriented reform means that China's economic relations with Japan are now based on the comparative advantage of both countries rather than the Chinese, or Japanese, government's state plan.