The Chinese Economy: Present and Future
China has focused more of its attention on Japan then on any other country in its post-1978 efforts to modernise. First, as will be discussed later, China expects that the importation of capital and modern technology from Japan will lead to economic growth. Secondly, China hopes to learn from the Japanese experience because Japan was the first non-European society to achieve modern economic growth.
KeywordsChinese Government Economic Reform Chinese Economy Political Reform Aggregate Supply
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Notes and References
- 2.The same view has been emphasised by Wlodzimierz Brus (translated by R. A. Clarke), Socialist Ownership and Political Systems ( London and Boston: Routledge & Kegan Paul, 1975 );Google Scholar
- Katsuji Nakagane, ‘Chūgoku Keizai to Shakai Shugi: Tenanmon Jiken no Shinsō o Kangaeru’ (The Chinese Economy and Socialism: Some Deeper Thoughts on the Tiananmen Incident), Keizai Seminā (Economic Seminar) Nov. 1989. On the other hand, some have questioned the belief that there is a causal relationship between economic and political reforms. See Shigeru Kido, ‘Keizai Kaikaku to Seiji Kaikaku no Kankei: TOO kara no Shiten’ (The Relationship Between Economic Reforms and Political Reforms: An Eastern European Perspective), in A Reexamination of Chinese Socialism Ch. 4, p. 151.Google Scholar