Abstract
In a little more than half a century, China has left behind mass poverty, extreme backwardness, and economic and political isolation to march onto the global stage as a major player — an economic and military giant. Chinese presence is now felt in all areas of international financial discourse, including how the value of its currency impacts upon East Asia and the entire global economy, its contribution in keeping inflationary pressures in check around the globe, and its role in the World Trade Organization. China is also a major player in global politics. The United States and Europe sought its counsel during the build up to the 2003 war in Iraq, and China continues to play an important role in the global effort to denuclearize the Korean Peninsula.
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Notes
Jim Mann, Beijing Jeep: A Case Study of Western Business in China (New York: Simon and Schuster, 2002).
The World Bank, World Development Indicators, 2002 (Washington, DC: World Bank, 2002).
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see Shahid Javed Burki, Changing Perceptions and Altered Realities: Emerging Economies in the 1990s [Washington, DC: The World Bank, 1999], 187–94.
The World Bank, World Development Report, 1982 (New York: Oxford University Press, 1982).
Shahid Javed Burki, A Study of Chinese Communes (Cambridge, MA: Harvard University Press, 1969).
Janos Karnai, The Socialist System: the Political Economy of Communism (Princeton: Princeton University, 1992).
The World Bank, World Development Report, 1990: Poverty (New York: Oxford University Press, 1990).
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© 2005 Shahid Javed Burki
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Burki, S.J. (2005). China: The New Global Giant. In: Burki, S.J., Erikson, D.P. (eds) Transforming Socialist Economies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230522596_6
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DOI: https://doi.org/10.1057/9780230522596_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51881-4
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