China in the World Market: Chinese Industry and International Sources of Reform in the Post-Mao Era

By Thomas G. Moore | Go to book overview

1
China as a Latecomer in World
Industrial Markets

REFORM CHINA: THE SLEEPING GIANT AWAKENS

With annual rates of growth in economic output and foreign trade that averaged nearly 10 and 16 percent, respectively, from 1978 to 2000, China's economic performance has in many ways become the envy of the developing world.1 Although the creation of wealth has been most pronounced in coastal areas, the number of Chinese living in absolute poverty nationwide has been reduced by more than 200 million during the reform era.2 While improvements in political life have been less signal, China has experienced a rise in material living standards that is, by most measures, unprecedented in the history of human civilization. According to the World Bank, China achieved the fastest doubling of economic output ever from 1978 to 1987, far outpacing both early industrializers (e.g., United Kingdom, United States, and Japan) and late industrializers (e.g., Brazil, South Korea, and Taiwan) alike. It then repeated the feat from 1987–1996.3 While economic disparities have

____________________
1
According to official Chinese statistics for economic growth, which are widely regarded as inflated, the rate averaged almost 10 percent per year over this period. Most independent experts suggest that growth was at least a couple of percentage points lower. By all accounts, however, China's economy has been among the world's fastest growing. Official growth rates for China's foreign trade are considered to be more reliable. For a brief discussion of Chinese statistics, see the Appendix. For a review of scholarly efforts to measure China's economic growth, see Lardy (1999).
2
According to World Bank estimates, 60 percent of China's population lived on less than $1 per day (the international standard for poverty used by the World Bank and United Nations) at the beginning of the reform era. World Bank (1997a), pp. 1–3. For more detail, see World Bank (1996b) and World Bank (1992). Despite advances, an estimated 270 million Chinese remained in poverty by the late 1990s, with untold tens of millions living above this level, but only perilously so. See, for example, Daniel Wright, “The Other Side of China's Prosperity, ” CBR (September/October 1999), pp. 22–29.
3
World Bank (1997a), p. 4. For a more detailed examination, see World Bank (1991), p. 12.

-1-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
China in the World Market: Chinese Industry and International Sources of Reform in the Post-Mao Era
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 343

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.