China And Global Economy Peter Nolan

This book tells the story of China's emergence as a major economic power and the huge impact this will have on world business. Over the last five years Peter Nolan has conducted a major investigation into Chinese industry, its economic structure, and the opportunities for growth in the future. As one of just four world experts invited by the Chinese Government to consult on their application to joint the World Trade Organisation he has worked closely with the heads of Chinese industry and with many foreign multinationals operating in China.

China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'.