This is a study of the long-run evolution of the relationship between China and the world economy. The book presents an original interpretation of the country's socio-economic processes in the past 150 years, focusing on China's interaction with the expanding capitalist world economy. The author argues that the general thrust of China's quest for development or 'modernization' has been to catch up with the wealthy nations of the West, and goes on to explain the changing paths and outcomes.
The book proceeds chronologically from China's mid-nineteenth-century incorporation to the world economy, starting from a semi-colonial state to the Maoist state-led industrialization after 1949, and to the post-Mao liberalization and reintegration. By carefully examining the patterns of development in these three major periods of the nation's history, it addresses fundamental issues pertaining to the making of modern China. This rigorously argued book will be a timely and much debated contribution, as the `rise of China' in the twenty-first century has become an issue of our time.
'...The author masterfully tells the story of China's long-term efforts to catch up with the West...Highly recommended for general readers and lower-division undergraduate through professional collections.' - C.A. Haulman, Choice
List of Tables
Foreword
List of Acronyms and Glossary
Introduction: A Framework for Analysis
PART I: WESTERNIZATION (1840-1949)
The Westernization Movement
Foreign Trade
The Dual Structure of the Economy
Falling Behind: The Lessons
PART II: DELINKING AND SELF-RELIANCE (1949-78)
The Formation of a Strategy for Catching Up
Industrialization
Trade and Trade Performance
Outcome: A Mixed Package
PART III: REINTEGRATION (1978 AND BEYOND)
A Different Game
Economic Restructuring
The State
The Overseas Chinese Capitalist Diaspora
Catching Up?
CONCLUSION
Bibliography
Index
LU AIGUO is Research Fellow at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, Beijing. From 1994 to 1998 she was Research Fellow at UNU/Wider, Helsinki.