China's Open Door Policy: The Quest for Foreign Technology and Capital: a Study of China's Special Trade

Synopsis

The Open Door has become an integral part of China's economic development strategy since the late 1970's, and, not surprisingly, it has aroused considerable interest in developed countries. This book gives a sympathetic but critical survey of this policy, with particular attention to the problems that have prevented the Open Door from being implemented as rapidly as first intended. Placing the open door policy within a larger policy context, the authors focus on debates within China over such key issues as the choice of a management system, the choice between balanced and unbalanced growth, and between various patterns of income distribution. They deal with institutional mechanisms recently established to attract foreign technology and capital and to encourage a more flexible Chinese response to increased inter- dependence with capitalist economies. Based on a variety of published sources and on extensive interviews conducted in China, this book is an important contribution to the growing body of literature on the Chinese economy and will prove a valuable reference for foreign exporters, investors, policy makers and China specialists.

Additional information

Publisher: Place of publication:
  • Vancouver, B.C.
Publication year:
  • 1984