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China Embraces the Market

China Embraces the Market

China's rapid growth of the past two decades is set to continue well into
the next century, as reform momentum continues in the post-Deng era. Markets
now allocate most resources in China while state planning plays a small and
shrinking role. However, China is now entering the more difficult phase of its
reforms, developing the legal, administrative and regulatory framework which
supports a modern economy. Until this is complete, China will be a challenging
and sometimes difficult environment in which to do business. This wide-ranging
report maps China's economic achievements over the past two decades and
analyses the major potential constraints on future economic growth. It then
anticipates future economic developments and the opportunities these will
generate for business in Australia and China.

April 1997, 448 pages

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This report can be downloaded in Adobe Acrobat [ PDF ] format at no charge
from our DOWNLOADS site.

See also: China Embraces the World
Market
(November 2002)

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Last Updated: 24 September 2014
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